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Monday, October 14, 2024

Jio platforms report 23.4% profit growth in Q2 FY25 with increased ARPU

Jio Platforms reported a net profit of Rs 6,539 crore for Q2 FY25, reflecting a 23.4% year-on-year increase. The revenue rose by 18%, largely driven by an ARPU of Rs 195.1 due to tariff hikes and a better subscriber mix. Jio 5G now boasts 148 million subscribers and remains the largest 5G operator outside China.

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Apple reclaims world's most valuable company title as Nvidia slips amid AI investment concerns

Apple has reclaimed the position of the world's most valuable company, surpassing Nvidia amid rising concerns. Both companies have seen ...