Reliance Jio reports Rs. 831 crore profit in FY Q3 2018-19, crosses 10000 crore quarterly operating revenue

Reliance Jio has reported Rs. 10,383 crore revenue, up 12.4% QoQ and 50.9 YoY and a net profit of 831 crore, up 22.1% QoQ and 65% YoY for its sixth quarterly financial performance for the period that ended 31sh December, 2018.  Jio reported Standalone earnings before interest, tax, depreciation and amortisation (EBITDA) of 4,053 crore, up 13.4% QoQ, EBITDA margin of 39%, and Standalone earnings before interest and tax (EBIT) of 2,369 crore, up 16% QoQ . Consolidated value of services stood at 12,252 crore, up 12.4% over trailing quarter. It has 280.1 million subscribers as of December 31st compared to 252.3 million at the end of September quarter. Average revenue per user (ARPU) during the quarter – ₹130 per subscriber per month Total wireless data traffic – 864 crore GB Average voice traffic – 63,406 crore minutes per day and 794 minutes per user per month Video consumption per subscriber per month – 460 crore hours Average data consumption per user per month - 10.8 GB Jio started offering JioGigaFiber services starting 15th August 2018, and the company said that it has witnessed overwhelming customer interest across 1,400 cities. It added that Reliance Industries Limited, parent of the Company, awaits regulatory approvals to complete the recently announced investment in Den Networks ...