Reliance Jio Q4 profit up 24% to ₹4,173 cr
Premium- Reliance Jio Q4 results: Revenue rose to ₹20,901 crore, according to a BSE filing
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Telecom giant Reliance Jio recorded double-digit growth in bottom line for the quarter ending March 31. The telco's Q4 profit rose by 24% on a standalone basis to ₹4,173 crore compared to a profit of ₹3,360 crore recorded in the same quarter last year.
On a sequential basis, Jio's PAT increased by 15%.
Standalone revenue from operations stood at ₹20,901 crore increasing by 20.4% in Q4FY22 compared to ₹17,358 crore a year ago same period. Q4 revenue logs single-digit growth of 8.03% sequentially.
During the quarter, the company's APRU stood at ₹167.6 per subscriber per month recording a healthy 21.3% yoy and 10.5% qoq growth.
In Q4FY22, total data traffic stood at 24.6 billion GB up by 47.5% yoy, while voice traffic climbed by 16.8% yoy to 1.2 trillion minutes.
Further, the company's gross subscriber addition continued to remain strong with total gross adds of 35.5 million in 4Q FY22 with sustained traction in mobility and FTTH businesses.
As of March 31, 2022, the company's total customer base stands at 410.2 million. While total data traffic recorded a growth of 46.3% yoy to 91.4 billion GB during the year, and total voice traffic jumped 17.9% yoy to 4.51 trillion minutes in the year.
For the full year, standalone PAT jumped to ₹14,817 crore against ₹12,015 crore in FY21. Revenue advanced to ₹76,977 crore as of March 31, 2022, compared to ₹69,888 crore as of March 31, 2021.
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On a consolidated basis, FY22 PAT stood at ₹14,854 crore versus ₹12,071 crore in FY21. Revenue comes at ₹77,356 crore against ₹70,127 crore.
