Jio to drive Reliance Industries' March quarter Ebitda, say analysts

On consolidated basis, last year's low base expected to aid sharp jump in net profit

Mukesh Ambani-led Reliance Industries (RIL) is expected to witness an increase of 8 per cent (on average) in its consolidated earnings before interest, tax, depreciation, and amortisation (Ebitda) in the March quarter (Q4), led by strong improvement in the profit of Jio, its telecom business.
 
Jio’s Ebitda is seen rising 34.4 per cent YoY and 6 per cent sequentially, led by a rise in subscriber base to 421 million (33 million jump YoY; 10 million sequentially) and ex-IUC ARPUs (average revenue per unit) to Rs 144 per month.
 
IUC is a cost paid by one mobile telecom operator