Jio profit up 4.9% to Rs 6,861 crore; Arpu crosses Rs 200

Jio Platforms, the parent company of telecom operator Reliance Jio, on Thursday reported a 4.9% quarter-on-quarter (QoQ) growth in its net profit to Rs 6,861 crore for the October-December quarter.

Consolidated revenue from operations during the period rose 4.3% QoQ to Rs 33,074 crore on the back of the impact of tariff hikes, subscriber additions, growth in data and voice consumption.