Reliance Jio reports revenue of Rs 77,585 crore

Reliance Jio has reported revenue of Rs 77,585 crore in fiscal 2022 against Rs 70,680 crore and profit of Rs 14,854 crore vs Rs 12,071 crore.
Reliance Jio Digital Life
Reliance Jio said its network operation expenditure rose to Rs 25,080 crore during the 12 months period ended on March 31, 2022 as compared with Rs 22,093 crore during the same period previous fiscal.

Jio Platforms

Annual Performance for the year FY22

Gross Revenue for the year was ₹ 95,804 crore ($12.6 billion), higher by 17.1 percent.

Annual operating revenue (net of GST) was ₹ 81,587 crore ($10.8 billion), growth of 17.3 percent, driven by higher ARPUs for Jio and ramp-up of wireline services.

EBITDA at ₹ 39,112 crore ($5.2 billion), higher by 20.9 percent, driven by revenue growth and steady improvement in margins.

EBITDA Margin at 47.9 percent, increased 390 bps led by impact of change in IUC regime and operating leverage.

Net Profit for the year was ₹ 15,487 crore ($2 billion), higher by 23.6 percent.

Total customer base as on 31st March 2022 of 410.2 million.

Total data traffic was 91.4 billion GB during the year, registering 46.3 percent growth.

Total voice traffic was 4.51 trillion minutes during the year, clocking 17.9 percent growth.

Quarterly Performance for the quarter 4Q FY22

Gross Revenue for the quarter was ₹ 26,139 crore ($3.4 billion), higher by 20.7 percent.

Quarterly operating revenue (net of GST) was ₹ 22,261 crore ($2.9 billion), growth of 21.7 percent, driven by higher ARPUs and ramp-up of wireline services.

EBITDA at ₹ 10,918 crore ($1.4 billion), higher by 27.4 percent driven by strong revenue growth and margin improvement.

EBITDA Margin at 49.0 percent, increased 210 bps led by ARPU increase in connectivity business.

ARPU during the quarter of ₹ 167.6 per subscriber per month saw a healthy 21.3 percent growth on Y-o-Y basis and 10.5 percent growth on Q-o-Q basis.

Net Profit for the quarter was ₹ 4,313 crore ($569 million), higher by 22.9 percent.

Total customer base as on 31st March 2022 of 410.2 million.

Total data traffic was 24.6 billion GB during the quarter, registering 47.5 percent growth.

Total voice traffic was 1.2 trillion minutes during the quarter, clocking 16.8 percent growth.

 

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.

SIM consolidation post the December 2021 tariff hike led to a net reduction of 10.9 million in customer base in 4Q FY22.

ARPU improved to ₹ 167.6 led by tariff hike, better subscriber mix and ramp-up of FTTH services.

During 4Q FY22, average data and voice consumption per user per month increased to 19.7 GB and 968 minutes, respectively.

Jio is the #1 FTTH services provider in the country with over 6 million connected premises. Jio consumers have over five hours of average daily engagement on the set-top-box.