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Tag: JPL

  • Jio Platforms rides the 5G wave: revenues, profits, and ambitions soar in FY’25

    Jio Platforms rides the 5G wave: revenues, profits, and ambitions soar in FY’25

    MUMBAI: Reliance’s digital juggernaut, Jio Platforms Limited (JPL), wrapped up FY25 in style, clocking quarterly revenues of Rs 39,853 crore, up 17.8 per cent year-on-year, and an EBITDA surge of 18.5 per cent to Rs 17,016 crore. The subscriber base swelled to 488 million, with over 191 million True 5G users, as India’s data appetite drove traffic to an eye-watering 185 exabytes – a 24 per cent jump.

    Average revenue per user (ARPU) climbed to Rs 206.2, thanks to tariff hikes and a posher customer mix. Net profit rose a muscular 25.8 per cent to Rs 7,023 crore for the quarter ended March 2025, fuelled by strong EBITDA flow-through and despite a modest uptick in depreciation and finance costs.

    Jio’s operating revenue (net of GST) grew on the back of mobility tariff hikes and a surge in home broadband and digital services. EBITDA margins stayed a steady 50.1 per cent, while churn was the industry’s lowest at 1.8 per cent. Data consumption hit a per capita monthly average of 33.6 GB, with total data traffic rising nearly 20 per cent year-on-year.

    Jio signed an agreement with SpaceX to retail Starlink broadband in India, pending regulatory green lights. It also rolled out a cricket season blitz – free JioHotstar and JioFiber/AirFiber deals to woo mobile and home users alike.

    The telco flexed its tech muscle at the Mahakumbh mela, handling 400 million data service requests and 20 million voice calls on peak days without breaking a sweat. In parallel, partnerships with AMD, Cisco, Nokia, and Ericsson are fuelling its next big play: an Open Telecom AI Platform designed to slash operational costs and turbocharge network efficiency using cutting-edge agentic AI.

    Jio’s IP prowess didn’t go unnoticed either, with wins at the National Intellectual Property Awards and the World Intellectual Property Organization (WIPO) Trophy, further burnishing its credentials as India’s poster child for homegrown innovation.

    Reliance Jio Infocomm chairman Akash M Ambani summed it up, saying: “Jio continues to drive consistent outperformance with best-in-the-world network technologies and a wide bouquet of digital services. Our work at the Mahakumbh and plans to enable large-scale AI infrastructure reaffirm our commitment to serving India’s digital future.”

  • Jio Platforms engages Gurpreet Phull as head-content & alliances

    Jio Platforms engages Gurpreet Phull as head-content & alliances

    MUMBAI: He’s been at Jio Platforms Ltd (JPL) for the past three months and Gurpreet Phull has kept his joining the MDA group company low-key. Today, however, he came out and announced  on Linkedin that he is “on a new journey. This time for the larger impact, to the new revolution” as head – content & alliances, JioTV Os, Jio App Store, Jio Homes and Jio Devices.

    He has been on the content distribution and alliances side for the past decade. Beginning May 2015 till February 2019 at Bharti Airtel as  lead- content alliances and acquisition strategy- DTH and mobile TV app, he was one of the founding members of Airtel Xtream. Moving on he joined Dish TV from February 2019 to November 2021 as head product marketing and content marketing strategy. He heeded the call from OTTPlay CEO & founder Avinash Mudaliar to head partnerships and growth at HT Digital Streams and he stayed there for three years until the JPL offer came his way.

    However, the B.Tech and IIM-C post graduate, began his working life as a software engineer at BirlaSoft and then worked in Raymond for almost four years, first, as a senior management trainee for a year and a half ,and then straightaway in the CEO’s office as his executive assistant. He also had a nine-month spell  at Myntra which gave him exposure to the ecommerce world. 
     

  • Q3-2016: Radio City revenue up 15%

    Q3-2016: Radio City revenue up 15%

    BENGALURU: Music Broadcast Limited (MBL), which runs Radio City, reported 14.9 YoY (year-on-year) growth in operating revenue (OpRev) for the quarter ended 31 December, 2015 (Q3-2016, current quarter) at Rs 64.80 crore as compared to Rs 56.39 crore for the corresponding prior year quarter. Revenue in Q3-2016 was 16.7 per cent higher QoQ (quarter-on-quarter) as compared to Rs 55.54 crore in the immediate trailing quarter.

    Note: (1) 100,00,000 = 100 lakh = 10 million = 1 crore

    (2) Margins have been calculated on operating revenue in this report.

    For the nine month period ended 31 December, 2015, (9M-2016, year to date or YTD), MBL reported 11.3 per cent higher OpRev at Rs 167.72 crore as compared to Rs 150.65 crore in the corresponding prior year nine month period. Though PAT in the current quarter and nine month period has reduced as compared to corresponding prior year periods, operating profit (Operating revenue minus expenses) has increased.

    The company’s profit after tax (PAT) in Q3-2016 declined 5.4 per cent YoY to Rs 16.17 crore (25 per cent margin) as compared to Rs 17.10 crore (30.3 per cent margin), but increased by more than a third (increased by 34.2 per cent) from Rs 12.05 crore (21.7 per cent margin). PAT for 9M-2016 declined 30.7 per cent to Rs 25.99 crore (15.5 per cent margin) from Rs 37.53 crore (24.9 per cent margin) in the corresponding period of the previous year.

    As mentioned above, Operating profit increased 22.1 per cent in the current quarter YoY to Rs 25.40 crore (39.2 per cent margin) as compared to Rs 20.80 crore (36.9 per cent margin) and increased 59.7 per cent QoQ from Rs 16.09 (29 per cent margin). Operating profit in 9M-2016 increased 17.6 per cent to Rs 56.01 crore (33.4 per cent margin) from Rs 47.63 crore (31.6 per cent margin) in 9M-2015.

    Expenses in Q3-2016 were 10.7 per cent higher YoY at Rs 39.40 crore (60.8 per cent of OpRev) as compared to Rs 35.59 (63.1 per cent of OpRev) and almost flat (reduced by 0.1 per cent) QoQ as compared to Rs 39.45 crore (71 per cent of OpRev). Expenses in 9M-2016 increased 8.4 per cent to Rs 111.71 crore (66.6 per cent of OpRev) from Rs 103.02 crore (68.4 per cent of OpRev).

    Jagran Prakashan numbers in brief

    MBL’s parent company, Indian publishing company Jagran Prakashan Limited (JPL) reported 22.5 per cent increase in YoY consolidated operating revenue in Q3-2016 to Rs 576.36 crore as compared to Rs 470.46 crore. JPL’s advertising revenue increased 28.5 per cent YoY to Rs 434.82 crore from Rs 338.35 crore. Circulation revenues increased two per cent to Rs 102.02 crore from Rs 100 crore. JPL’s PAT in Q3-2016 increased 40.1 per cent YoY from Rs 66.62 crore.

    For 9M-2016, JBL reported 17.1 per cent increase in operating revenue to Rs 1577.02 crore from Rs 1347.02 crore in the corresponding prior year nine month period, advertising revenue increased 22.6 per cent to Rs 1169.36 crore from Rs 954.17 crore, circulation revenue increased 3.5 per cent to Rs 302.36 crore from Rs 292.15 crore. PAT in 9M-2016 after extraordinary item (Rs 116.30 crore) more than doubled (up 104.3 per cent) to Rs 364.52 crore from Rs 178.43 crore in 9M-2015.

  • Q3-2016: Radio City revenue up 15%

    Q3-2016: Radio City revenue up 15%

    BENGALURU: Music Broadcast Limited (MBL), which runs Radio City, reported 14.9 YoY (year-on-year) growth in operating revenue (OpRev) for the quarter ended 31 December, 2015 (Q3-2016, current quarter) at Rs 64.80 crore as compared to Rs 56.39 crore for the corresponding prior year quarter. Revenue in Q3-2016 was 16.7 per cent higher QoQ (quarter-on-quarter) as compared to Rs 55.54 crore in the immediate trailing quarter.

    Note: (1) 100,00,000 = 100 lakh = 10 million = 1 crore

    (2) Margins have been calculated on operating revenue in this report.

    For the nine month period ended 31 December, 2015, (9M-2016, year to date or YTD), MBL reported 11.3 per cent higher OpRev at Rs 167.72 crore as compared to Rs 150.65 crore in the corresponding prior year nine month period. Though PAT in the current quarter and nine month period has reduced as compared to corresponding prior year periods, operating profit (Operating revenue minus expenses) has increased.

    The company’s profit after tax (PAT) in Q3-2016 declined 5.4 per cent YoY to Rs 16.17 crore (25 per cent margin) as compared to Rs 17.10 crore (30.3 per cent margin), but increased by more than a third (increased by 34.2 per cent) from Rs 12.05 crore (21.7 per cent margin). PAT for 9M-2016 declined 30.7 per cent to Rs 25.99 crore (15.5 per cent margin) from Rs 37.53 crore (24.9 per cent margin) in the corresponding period of the previous year.

    As mentioned above, Operating profit increased 22.1 per cent in the current quarter YoY to Rs 25.40 crore (39.2 per cent margin) as compared to Rs 20.80 crore (36.9 per cent margin) and increased 59.7 per cent QoQ from Rs 16.09 (29 per cent margin). Operating profit in 9M-2016 increased 17.6 per cent to Rs 56.01 crore (33.4 per cent margin) from Rs 47.63 crore (31.6 per cent margin) in 9M-2015.

    Expenses in Q3-2016 were 10.7 per cent higher YoY at Rs 39.40 crore (60.8 per cent of OpRev) as compared to Rs 35.59 (63.1 per cent of OpRev) and almost flat (reduced by 0.1 per cent) QoQ as compared to Rs 39.45 crore (71 per cent of OpRev). Expenses in 9M-2016 increased 8.4 per cent to Rs 111.71 crore (66.6 per cent of OpRev) from Rs 103.02 crore (68.4 per cent of OpRev).

    Jagran Prakashan numbers in brief

    MBL’s parent company, Indian publishing company Jagran Prakashan Limited (JPL) reported 22.5 per cent increase in YoY consolidated operating revenue in Q3-2016 to Rs 576.36 crore as compared to Rs 470.46 crore. JPL’s advertising revenue increased 28.5 per cent YoY to Rs 434.82 crore from Rs 338.35 crore. Circulation revenues increased two per cent to Rs 102.02 crore from Rs 100 crore. JPL’s PAT in Q3-2016 increased 40.1 per cent YoY from Rs 66.62 crore.

    For 9M-2016, JBL reported 17.1 per cent increase in operating revenue to Rs 1577.02 crore from Rs 1347.02 crore in the corresponding prior year nine month period, advertising revenue increased 22.6 per cent to Rs 1169.36 crore from Rs 954.17 crore, circulation revenue increased 3.5 per cent to Rs 302.36 crore from Rs 292.15 crore. PAT in 9M-2016 after extraordinary item (Rs 116.30 crore) more than doubled (up 104.3 per cent) to Rs 364.52 crore from Rs 178.43 crore in 9M-2015.

  • Q2-2016: Jagran Prakashan YoY revenue up 19%; Radio City Op revenue up 8.3%

    Q2-2016: Jagran Prakashan YoY revenue up 19%; Radio City Op revenue up 8.3%

    BENGALURU: Indian publishing group Jagran Prakashan Limited (JPL) reported 19.1 per cent growth in consolidated operating revenue in the quarter ended 30 September, 2015 (Q2-2016, current quarter) to Rs 519.5 crore as compared to the Rs 436.3 crore in Q2-2015 and eight per cent more than the Rs 481.15 in Q1-2016

     

    The company’s consolidated profit after tax (PAT) in the current quarter increased 35.5 per cent to Rs 76.7 crore as compared to the Rs 56.6 crore in Q2-2015 and 1.9 per cent lower than the Rs 78.21 crore in Q1-2016.

     

    Note: 100,00,000 = 100 lakh = 10 million = 1 crore

     

    Radio Business

     

    JPL’s radio business that includes subsidiary Music Broadcast Limited (MBL) has 31 (including 11 radio stations acquired in phase 3 auctions) under the brand Radio City and eight other stations acquired under the brand Radio Mantra. The company’s radio business reported 8.3 per cent growth to Rs 55.54 crore in Q2-2016 as compared to the Rs 51.29 crore in Q2-2015 and 17.2 per cent more than the Rs 47.38 crore in the immediate trailing quarter.

     

    JPL’s radio business reported 6.4 per cent drop in profit at Rs at Rs 12.05 crore in Q3-2016 as compared to Rs 12.88 crore in Q2-2015 and a loss of Rs 2.23 crore in the immediate trailing quarter. 

     

    Advertising and Circulation numbers

     

    Consolidated advertisement revenue was up by 26.8 per cent to Rs 389 crore in the current quarter as compared to the Rs 306.9 crore in Q2-2015 and was 12.6 per cent more than the Rs.345.54 crore in Q1-2016. Standalone Advertisement Revenues were at Rs 312.74 crore, up by 9.1 per cent from Rs 286.58 crore.

     

    Consolidated Circulation revenue in the current quarter increased 3.1 per cent to Rs 99.8 crore from Rs 96.5 crore in Q2-2015, but was 0.7 per cent lower than the Rs 100.51 crore in Q1-2016. Standalone circulation revenue increased 5.4 per cent to Rs 94.48 crore in Q1-2016 as compared to the Rs 89.64 crore in the corresponding year ago quarter. Standalone Circulation Revenues were at Rs 93.87 crore, up by 3.4 per cent from Rs 90.75 crore.

     

    Total Expense in Q2-2016 at Rs 401.31 crore was 21.8 per cent more than the Rs 329.5 crore in Q2-2015 and was 8.6 per cent more than the Rs 369.45 crore in the immediate trailing quarter.

     

    Cost of Raw materials consumed in Q2-2016 at Rs 154.5 crore was 3.6 per cent less than the Rs 160.3 crore in Q2-2015 and 0.9 per cent lower than the Rs 155.89 crore in Q1-2016.

     

    Company speak

     

    JPL chairman and managing director Mahendra Mohan Gupta said, “It gives me immense pleasure to report that the company has for the first time crossed the mark of Rs 500 crore in turnover in a quarter. Chasing unprofitable growth has never been our philosophy and this is where the team has done an incredible job by delivering still healthier growth in profits.”

     

    “We are happy with acquisition of one of the two strongest FM radio networks of the country; Radio City which continues to perform on the expected lines. Phase-III auction has witnessed unrealistic bidding for metro as well as non-metro stations and I do not see the frequencies, taken at exorbitant prices, giving the return on investment. As far as we are concerned, we remained disciplined but could still manage to get what we had planned. We do not subscribe to the strategy of multiple frequency as opposed to expansion to newer markets and therefore biding for multiple frequency was never part of our plan. Besides publication and radio businesses, digital business too continues to record steep growth in revenues and occupy a prominent market position,” he said.

     

    “With strong franchise across various media platforms, market position and operating performance duly backed by financial prudence, the company is very well poised to next level of growth and enhancing the wealth of shareholders,” added Gupta.