JioAirFiber connects 2.8 mn homes, paves the way for 100 mn goal as Reliance Jio reports record gains

Reliance Jio Infocomm has connected approximately 2.8 million homes through JioAirFiber as of September 24, significantly boosting its home broadband segment. The company’s consolidated net profit rose by 23.4% to Rs 6,539 crore in the September quarter, with revenue from operations reaching Rs 31,709 crore. Mukesh Ambani credits the growth to JioAirFiber's success and increased digital service revenues, highlighting a resilient business portfolio amid challenges in other sectors.