Surge in tariff, users and data lifts Jio Net up 26%

Jio Platforms reported a 26% rise in net profit for the fiscal third quarter, driven by tariff hikes, subscriber additions, and data usage growth. The average revenue per user increased to ₹203.3, supported by 5G upgrades and home broadband market gains, as stated by Reliance Industries' chairman Mukesh Ambani.