ADVANCED TESTS WITH JIO 5G RADIO INTEGRATED WITH 5G CORE DELIVERS THROUGHPUTS IN EXCESS OF 1 GBPS

JIO ACHIEVES US$10 BILLION ANNUALIZED REVENUE RUN-RATE DURING THE QUARTER
ADVANCED TESTS WITH JIO 5G RADIO INTEGRATED WITH 5G CORE DELIVERS
THROUGHPUTS IN EXCESS OF 1 GBPS
ARPU INCREASES TO ₹ 151 WITH OVERALL INCREASE IN ENGAGEMENT
ROBUST GROSS SUBSCRIBER ADDITION AT 25.1 MILLION DURING THE QUARTER
FTTH BUSINESS SCALING UP RAPIDLY WITH SERVICES BEING OFFERED EXTENSIVELY
ACROSS THE COUNTRY
HIGHLIGHTS OF QUARTER’S (Q3 – FY 2020-21) PERFORMANCE OF JPL
Consolidated Financials (₹ crore) 3Q’ 20-21 2Q’ 20-21 QoQ Growth
Value of Services 22,858 21,708 5.3%
Revenue from Operations 19,475 18,496 5.3%
EBITDA 8,483 7,971 6.4%
EBITDA margin 43.6% 43.1% 46bps
EBIT 5,531 5,061 9.3%
Net Profit 3,489 3,020 15.5%
➢ Consolidated revenue from operations, including access revenues, of ₹ 19,475 crore
➢ Consolidated Net Profit of ₹ 3,489 crore, increase of 15.5% over previous quarter
➢ Total Customer base as on 31st December 2020 of 410.8 million
➢ ARPU during the quarter of ₹ 151.0 per subscriber per month
➢ Total data traffic during the quarter of 1,586 crore GB (28.4% YoY growth)
➢ Total voice traffic during the quarter of 97,496 crore minutes (18.0% YoY growth)
Commenting on the results, Shri Mukesh D. Ambani, Chairman and Managing Director, Reliance
Industries Limited said: “India is today among the leaders driving the Digital Revolution in the world. In
order to maintain this lead, Jio will continue to accelerate the rollout of its digital platforms and indigenously
developed next generation 5G stack and make it affordable and available everywhere. Jio’s 5G service will
be a testimony to the vision of AtmaNirbhar Bharat.
Jio is determined to make India 2G-mukt, thereby empowering every Indian to have an affordable
smartphone and be a part of digital and data revolution. We invite and encourage all stakeholders to work
together to make world-class digital services available to every Indian consumer at the most affordable
prices.

Connectivity
▪ Total customer gross addition was robust at 25.1 million despite Covid related constraints and local
issues. Net subscriber addition of 40 million during CY20 is highest in the industry.
▪ Higher churn during the quarter at 1.63% due to continued impact of COVID and recent malicious
and motivated campaigns against Reliance Group in select geographies.
▪ Jio honoured its commitment and made all domestic voice calls absolutely free from 1st January
2021. Jio had earlier assured its users that the charge for offnet outgoing calls would continue only
till the time TRAI abolished IUC charges.
▪ During 3Q FY21, average data consumption per user per month was strong at 12.9 GB and average
voice consumption was at 796 minutes per user per month.
▪ FTTH services witnessed increased uptake during the quarter on the back of unique offering and
widespread network across the country. In a short period of time, Jio FTTH services have become
the lifeline for millions of customers.
Digital Platforms
▪ Indigenously developed 5G Radio integrated with Jio’s 5G Core Network and 5G Smartphones
have achieved over the air throughputs in excess of 1 Gbps. In-house Massive MIMO and indoor
5G small cell are under advanced stages of development.
▪ JioMeet crossed 15 million users during the quarter. JioMeet is now evolving as a complete platform
with solutions for different segments like large enterprises, healthcare industry, educational and
government institutions.
▪ Jio’s bundled broadband offering for SMBs has had an encouraging response. A widescale
commercial deployment will see Jio offering unique solutions across Connectivity, Communication,
Conferencing, Productivity, Marketing, Infotainment and Devices. The addressable market will be
significantly expanded with these digital solutions and ubiquitous fibre presence.
▪ Besides deploying IoT solutions for Jio Home users, the Jio pan India IoT network is operational
for application in connected vehicles, smart metering, connected assets and hospitality.
Update on Investments into JPL
▪ During the quarter Jio completed the Google transaction post requisite regulatory approvals for an
investment of ₹ 33,737 crore into JPL for 7.73% stake. With this the entire amount of ₹ 152,056
crore has been received by the Company.
Financial performance of JPL
▪ JPL has achieved a milestone this quarter with annualised operating revenue run-rate of US$10
billion with strong Revenue and EBITDA growth.
▪ Quarterly operating revenue increased 5.3% QoQ to ₹ 19,475 crore with EBITDA margin of 43.6%.
▪ 9M FY21 Operating Revenue and EBITDA stand at ₹ 55,225 crore and ₹ 23,786 crore,
respectively.
▪ Net profit increased 15.5% QoQ to ₹ 3,489 crore (9M FY21 net profit ₹ 9,029 crore).