BusinessPhoto: NDTV BusinessReliance Jio Plans 12% Tariff Hike Ahead of IPO
Reliance Jio is expected to raise tariffs by around 12% in the next three to four months, according to Centrum Broking. This increase aims to boost average revenue per user (ARPU), a key earnings driver as Jio prepares for the IPO of Jio Platforms. The IPO opens on October 21 and closes on October 23, offering up to 27 crore new shares. Jio's ARPU rose to Rs 215.6 in Q1 FY27, with a customer base of 533.3 million and increased data usage.
NDTV Business·



