Jio Platforms rides the 5G wave: revenues, profits, and ambitions soar in FY'25

Jio Platforms rides the 5G wave: revenues, profits, and ambitions soar in FY'25

Starlink tie-up, AI dreams, and a Mahakumbh masterclass power Jio’s 2025 performance

Jio Reliance

MUMBAI: Reliance’s digital juggernaut, Jio Platforms Limited (JPL), wrapped up FY25 in style, clocking quarterly revenues of Rs 39,853 crore, up 17.8 per cent year-on-year, and an EBITDA surge of 18.5 per cent to Rs 17,016 crore. The subscriber base swelled to 488 million, with over 191 million True 5G users, as India’s data appetite drove traffic to an eye-watering 185 exabytes – a 24 per cent jump.

Average revenue per user (ARPU) climbed to Rs 206.2, thanks to tariff hikes and a posher customer mix. Net profit rose a muscular 25.8 per cent to Rs 7,023 crore for the quarter ended March 2025, fuelled by strong EBITDA flow-through and despite a modest uptick in depreciation and finance costs.

Jio’s operating revenue (net of GST) grew on the back of mobility tariff hikes and a surge in home broadband and digital services. EBITDA margins stayed a steady 50.1 per cent, while churn was the industry's lowest at 1.8 per cent. Data consumption hit a per capita monthly average of 33.6 GB, with total data traffic rising nearly 20 per cent year-on-year.

Jio signed an agreement with SpaceX to retail Starlink broadband in India, pending regulatory green lights. It also rolled out a cricket season blitz – free JioHotstar and JioFiber/AirFiber deals to woo mobile and home users alike.

The telco flexed its tech muscle at the Mahakumbh mela, handling 400 million data service requests and 20 million voice calls on peak days without breaking a sweat. In parallel, partnerships with AMD, Cisco, Nokia, and Ericsson are fuelling its next big play: an Open Telecom AI Platform designed to slash operational costs and turbocharge network efficiency using cutting-edge agentic AI.

Jio’s IP prowess didn’t go unnoticed either, with wins at the National Intellectual Property Awards and the World Intellectual Property Organization (WIPO) Trophy, further burnishing its credentials as India’s poster child for homegrown innovation.

Reliance Jio Infocomm chairman Akash M Ambani summed it up, saying: “Jio continues to drive consistent outperformance with best-in-the-world network technologies and a wide bouquet of digital services. Our work at the Mahakumbh and plans to enable large-scale AI infrastructure reaffirm our commitment to serving India’s digital future."