Reliance Industries’ digital arm Jio Platforms continued to expand in the September quarter, with average revenue per user (ARPU) rising to Rs 218.8. The company also said its subscriber base increased to 542.4 million.
In contrast, Reliance Retail reported a 6.67% sequential decline in profit during the quarter. The raw update did not provide further details on the reasons for the drop.
The figures point to mixed performance across Reliance’s consumer-facing businesses, with Jio showing continued growth while retail faced pressure in the latest quarter.
