Jio Q1: Brokerages spotlight strong net adds, FWA-led broadband gains; say APRU lift modest

New Delhi: Reliance Jio turned in Q1 report card of robust subscriber addition and 5G user tally with strong traction seen in home broadband segment, though growth in average revenue per user was modest, according to analysts.

The big takeaways from the April-June quarter numbers for them were better-than-expected revenue growth, a sharp rise in net adds to about 10 million post-tariff-hike digestion, and 5G users surpassing 210 million.