Jio to continue seeing benefit of July ’24 tariff hike in Q4

Reliance Jio, the telecom arm of Reliance Industries Limited, is expected to continue benefitting from the July 2024 tariff hikes in the fiscal fourth quarter, unlike peers Bharti Airtel and Vodafone Idea, analysts said while giving Q4FY25 growth estimates for the telecom sector.

The telecom market leader is likely to add around four million subscribers, though the positive impact of subscriber additions and tariff hike flowthroughs is expected to be partially offset by 2 fewer days in the quarter, they added.