Jio Q4: Full impact of tariff hikes, ARPU dilution from Jiophone key concerns

MUMBAI: Reliance Industries Limited (RIL) will see its fiscal 2020 fourth quarter earnings take a hit, especially those of its petrochem and retail business, but the profitability of its telecom venture–Jio–will likely be the least hurt. As the company announces Q4 results later today, Jio’s average revenue per user (ARPU) impact over the past quarter will be keenly watched.

Reliance Jio had reported a standalone revenue from operations for the December quarter at ₹13,986 crore. Subscriber base during the period had touched 37 crore, with net additions of 1.48 crore during the quarter ended December. It had reported an ARPU of ₹128.4 per month in the quarter.

Telecom operators had hiked tariffs at the fag end of the October-December quarter and the effects of that will play out during January-March and the first quarter of fiscal 2021.