Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 ARPU 167.6 175.7 177.2 178.2 178.8 180.5 181.7 181.7Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24e Rev (Rs cr) 22521 22998 23394 24042 24750 25368 25900Reliance Jio Infocomm, chairman Mukesh Ambani-led conglomerate’s telecom arm, will announce its results for the January to March 2024 quarter on April 22.
Analysts polled by CNBC-TV18 expect it to be a steady quarter while the Street awaits announcements on tariff hikes and Jio IPO plans.Analysts say the telco’s average revenue per user (ARPU) is likely to remain unchanged at ₹181.7 while the company is expected to have seen subscribers addition of 10.8 million during the quarter under review.The Telecom Regulatory Authority of India (TRAI) data shows that the company added 4.17 million subscribers in January and 359 million in February.Jio’s revenue is likely to go up 2.1% at ₹25,900 crore compared to ₹25,368 crore quarter in the preceding quarter.
The profit after tax (PAT) is projected to go up 1.2% sequentially to ₹5,268 crore versus ₹5,208 crore in the December 2023 ended quarter, according to the CNBC-TV18 poll.The analysts forecast earnings before interest, taxes, depreciation, and amortisation or EBITDA to come in at ₹13,605 crore compared to ₹13277 crore earlier.
EBITDA margin is expected at 52.5%, marginally up from 52.3% earlier.
Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 ARPU 167.6 175.7 177.2 178.2 178.8 180.5 181.7 181.7
Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24e Rev (Rs cr) 22521 22998 23394 24042 24750 25368 25900
Reliance Jio Infocomm, chairman Mukesh Ambani-led conglomerate’s telecom arm, will announce its results for the January to March 2024 quarter on April 22. Analysts polled by CNBC-TV18 expect it to be a steady quarter while the Street awaits announcements on tariff hikes and Jio IPO plans.Analysts say the telco’s average revenue per user (ARPU) is likely to remain unchanged at ₹181.7 while the company is expected to have seen subscribers addition of 10.8 million during the quarter under review.The Telecom Regulatory Authority of India (TRAI) data shows that the company added 4.17 million subscribers in January and 359 million in February.Jio’s revenue is likely to go up 2.1% at ₹25,900 crore compared to ₹25,368 crore quarter in the preceding quarter. The profit after tax (PAT) is projected to go up 1.2% sequentially to ₹5,268 crore versus ₹5,208 crore in the December 2023 ended quarter, according to the CNBC-TV18 poll.The analysts forecast earnings before interest, taxes, depreciation, and amortisation or EBITDA to come in at ₹13,605 crore compared to ₹13277 crore earlier. EBITDA margin is expected at 52.5%, marginally up from 52.3% earlier.
