₹19,641 crore. In the same quarter last year, the company's PAT was ₹17,706 crore (adjusted to reflect the demerger of the financial services business). The company's gross revenue rose by 3.2 per cent YoY to ₹2,48,160 crore led by continued growth momentum in consumer businesses.
EBITDA for the quarter jumped 16.7 per cent YoY to ₹44,678 crore while the EBITDA margin rose 210 bps to 18 per cent. Also Read: Reliance Industries Q3: Company reports net profit of ₹17,265 crore RIL said capital expenditure for the December quarter was ₹30,102 crore ($ 3.6 billion) with investments in pan-India 5G roll-out, expansion of retail infrastructure and new energy business. This excludes the amount incurred towards spectrum and adjusted for capital advances and regrouping of assets, the company added.
Here are five key highlights from RIL's Q3FY24 scorecard: Revenue from operations for Jio Platforms grew 11.3 per cent YoY to ₹27,697 crore while net profit grew by 11.6 per cent to ₹5,445 crore, according to the company. EBITDA for the segment grew 11.5 per cent to ₹13,955 crore, led by higher revenue and an increase in margins. EBITDA margin saw a mild growth of 10bps YoY to 50.4 per cent, RIL said.
The company said Jio's operating revenue growth continued to be driven by robust subscriber growth across mobility and homes, and the benefit of mix improvement in ARPU (average revenue per user). ARPU increased 2 per cent YoY to ₹181.7 with a better subscriber mix partially offset by unlimited data allowance on the 5G network. Engagement on the Jio network remained strong, and total data and voice traffic increased 31.5 per cent and 7.9 per cent YoY, respectively, said the company.
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