Reliance Jio Q2 profit up 23% at ₹6,539 cr; tariff hike causes SIM consolidation
Reliance Jio says SIM consolidation observed after tariff hike in Q2 FY25, which led to a rise in monthly churn to 2.8%
Reliance Jio says SIM consolidation observed after tariff hike in Q2 FY25, which led to a rise in monthly churn to 2.8%
Jio's ₹239 monthly plan, which offers 1.5 GB of data per day, will now cost ₹299—an increase of 25%.
While absolutely necessary to ensure a sensible economic model, tariff hikes will be in the range of 20-25%, implemented gradually.