Economy
Jio Platforms Scheduled to Release First Q2 Results Following Market Debut
Livemint1h
THE BRIEF
1
Jio Platforms Ltd is scheduled to report its financial performance for the September quarter on Friday, October 30, marking its first earnings announcement since its stock market listing.
2
Analysts expect stable earnings driven by subscriber additions, home broadband traction, and digital services growth, with average estimates projecting a 2% quarter-on-quarter ARPU increase to ₹219.5.
3
In the previous quarter, the company posted a 9.2% year-on-year growth in net profit to ₹7,764 crore alongside revenue of ₹39,173 crore.