NEW DELHI: Reliance Industries’ telecom unit Jio on Friday posted a 62.45 per cent yearly rise in revenue at Rs 1,350 crore for the December quarter. Common income per consumer (Arpu) fell to Rs 128.40 from Rs 130 within the December quarter of 2018.

The corporate’s Ebitda elevated 38.20 per cent to Rs 5,601 crore throughout the interval underneath evaluation.

Complete capitalisation of Jio Platforms stood at Rs 1,70,000 crore, Reliance stated in a regulatory submitting.

Mukesh Ambani, Chairman and Managing Director, stated: “To drive the subsequent leg of development, a very transformational and disruptive digital companies firm has been set-up, which is able to deliver collectively India’s No.1 connectivity platform, main digital app ecosystem and world’s finest tech capabilities, for creating a very Digital Society for every Indian.”

Jio’s mum or dad Reliance Industries beat Road estimates in December quarter earnings, because it posted 13.55 per cent year-on-year (YoY) rise in revenue at Rs 11,640 crore on sturdy development in telecom and retail verticals.

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