After recent tariff hike, Jio ARPU to get boost: Analysts

Reliance Jio's Q1 net profit is driven by lower depreciation, amortisation costs, and higher margins from reduced 5G capex. ARPU growth from tariff hikes under Mukesh Ambani projects ARPU at ₹201/₹224/₹259 by FY25/26/27. ICICI notes strong 5G subs growth and SIM consolidation impact. Kolkata's blended ARPU of ₹181.7 expected to bolster next three quarters' revenue growth.