Mukesh Ambani Reliance Jio Q1 Results Update, Jio Subscriber Base 440.6 Million | The company’s data grew 38.5% annually in the June quarter, the company added 1.43 million new customers to the network

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  • Mukesh Ambani Reliance Jio Q1 Results Update, Jio Subscriber Base 440.6 Million

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Reliance Industries has released its June quarter results. The company has made a profit of Rs 12,273 crore during this period. Its digital service has been a major contributor to the company’s profits. More than 44 crore users of the country have been connected to the Jio network. At the same time, Jio Fiber has reached 30 lakh homes. Jio’s data spend has grown by 38.5% annually and voice tariff by 19.5%.

Record growth in Jio’s digital service

  • Jio’s digital service was not affected much by the second wave of the Corona epidemic. During this also the company made new records. The company added 14.3 million (1.43 crore) new subscribers to the Jio network during the quarter. In this way its total subscriber base has become 440.6 million (44.06 crore).
  • Jio users spent a total of 20 exabytes (20 billion GB) of data during the quarter. It has grown by 38.5 percent on a yearly basis. At the same time, voice tariffs were used for 1.06 trillion minutes during the quarter. In this too, there was a growth of 19.5 percent on a yearly basis. The EBITDA of the company stood at Rs 9,268 crore. Its annual growth is 19%.
  • The company introduced JioPhone Next during this time. At the same time, many people joined Jio Fiber service. According to the company, Jio Fiber has reached more than 3 million (30 lakh) homes in the country.

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