Reliance Jio's December quarter results have been announced. According to the data released on Thursday, double digit growth has been seen in income, profit, EBITDA and ARPU on year-on-year basis. During the quarter, profit has seen an increase of more than 24 percent compared to last year. At the same time, income has increased by about 16 percent in this period. There has also been double digit growth in EBITDA and the figures have increased by 10 percent compared to last year. Margins have also improved compared to last year. Also, the average income from each user i.e. ARPU has increased by about 12 percent.

How were the quarterly figures?

According to the data released on Thursday, Jio's profit has increased from Rs 5,208 crore to Rs 6,477 crore. That is, on a year-on-year basis, it has seen a growth of 24.36 percent. On the other hand, quarterly income has increased from Rs 25,368 crore to Rs 29,307 crore compared to last year and it has seen a growth of 15.5 percent compared to last year. EBITDA has increased from Rs 14,064 crore to Rs 15,478 crore and it has seen a growth of 10 percent on a year-on-year basis. During the quarter, EBITDA margin has increased from 52.3% to 52.8%. Average revenue per user has seen an increase of 11.9 percent compared to last year and ARPU has increased from Rs 181.70 to Rs 203.30. According to the company, ARPU has increased due to tariff hike and better subscriber mix. The full impact of tariff hike will be seen in the next few months. How was the quarterly performance? During the quarter, the total subscribers increased from 47.09 crores to 48.21 crores. Jio has become the world's largest standalone 5G operator outside China. On the results, Reliance Jio Infocomm Chairman Akash Ambani said that Jio is playing an important role in digital inclusion by making the world's best telecom technologies available to every Indian. In the last one year, Jio is strengthening the Digital India mission by focusing on 5G and rapidly providing fixed broadband connectivity to small towns. (Disclaimer: The advice or views given on CNBC TV18 Hindi / CNBC Awaaz are the personal views of the experts, brokerage firm, the website or management is not responsible for it. Please consult your financial advisor or certified expert before investing.