Jio (also known as Reliance Jio Infocomm) is a company providing wireless telecom products and services. It offers voice, data, and messaging services, as well as distributes smartphones and hotspot devices. The company also provides such products as JioFiber, JioPhone, Jionet Wi-Fi, LYF smartphones, and a range of Jio apps.

Employee Rating

3.7
TypeSubsidiary
Parent CompanyReliance Industries
HQMumbai, IN
Founded2007
Websitejio.com
Cybersecurity ratingFMore
Jio was founded in 2007 and is headquartered in Mumbai, IN
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Key People/Management at Jio

Pravir Kumar

Pravir Kumar

CEO
Pankaj Thapliyal

Pankaj Thapliyal

Senior Vice President, CEO Mumbai
Mathew Oommen

Mathew Oommen

President, Reliance Jio
Sunil Dutt

Sunil Dutt

President Devices and S&D
Sgr Pandya

Sgr Pandya

Chief Operations Officer
Azad Singh

Azad Singh

Chief Global Mobility Solutions
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Jio Office Locations

Jio has offices in Mumbai, Ahmedabad, Hyderabad and Navi Mumbai
Mumbai, IN (HQ)
9th Floor , Maker Chamber IV, Nariman Point
Ahmedabad, IN
Panchavati Rd, Near Bank Of Baroda, Panchavati Society, Ambawadi
Hyderabad, IN
tower b, plot 31, 32, Gachibowli Rd, P Janardhan Reddy Nagar, Gachibowli
Navi Mumbai, IN
Thane - Belapur Rd, Reliance Corporate Park, MIDC Industrial Area, Ghansoli
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Jio Financials and Metrics

Summary Metrics

Founding Date

2007

Total Funding

$17.2 b

Investors

In total, Jio had raised $17.2 b. Jio is a subsidiary of Reliance Industries

Jio Revenue

Embed Graph
View revenue for all periods
Jio's revenue was reported to be ₹544.03 b in FY, 2020 which is a 40.1% increase from the previous period.
Annual
INRFY, 2018FY, 2019FY, 2020

Revenue

201.6b388.4b544.0b

Revenue growth, %

1652195%93%40%

Cost of goods sold

109.8b197.0b284.5b

Gross profit

91.8b191.4b259.6b
Half Year
INRH1, 2021

Revenue

345.1b

Cost of goods sold

173.2b

Gross profit

171.9b

Gross profit Margin, %

50%
Annual
INRFY, 2018FY, 2019FY, 2020

Cash

6.9b170.0m70.7b

Accounts Receivable

9.1b7.4b16.1b

Current Assets

195.5b135.2b284.4b

PP&E

957.7b746.3b1.0t
Half Year
INRH1, 2021

Cash

1.8b

Accounts Receivable

20.9b

Current Assets

307.0b

PP&E

1.1t
Annual
INRFY, 2018FY, 2019FY, 2020

Depreciation and Amortization

35.8b639.8b7.4b

Accounts Payable

40.3b13.5b31.2b

Cash From Operating Activities

35.7b66.6b165.8b

Purchases of PP&E

(357.9b)(438.4b)(517.7b)
Half Year
INRH1, 2021

Depreciation and Amortization

56.1b

Accounts Payable

11.8b

Cash From Operating Activities

172.6b

Purchases of PP&E

(34.4b)
INRFY, 2018

Debt/Equity

0.5 x

Debt/Assets

0.2 x

Financial Leverage

2.5 x
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Jio Operating Metrics

Dec, 2016Jan, 2017FY, 2017Q1, 2018Aug, 2017Q2, 2018Dec, 2017Q3, 2018Q4, 2018Q1, 2019Jul, 2018Q2, 2019Q3, 2019Dec, 2019Q3, 2020Q4, 2020Apr, 2020Jun, 2020

Daily Calls, minutes

2.5 b5.3 b

Monthly ARPU per Subscriber

₹156.4₹154₹137.1₹134.5₹131.7₹130₹128.4₹130.6

Net Customer Additions

15.3 m21.5 m26.5 m28.7 m37 m27.9 m

Subscribers

72.4 m108.9 m123.4 m125 m138.6 m160 m160.1 m186.6 m215.3 m215 m252.3 m280.1 m355 m370 m387.5 m370 m388 m

Jio Acquisitions / Subsidiaries

Company NameDateDeal Size
HaptikApril 04, 2019$100 m

Jio Cybersecurity Score

Cybersecurity ratingPremium dataset

F

48/100

SecurityScorecard logo

Jio Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Jio Online and Social Media Presence

Embed Graph

Jio Company Culture

  • Overall Culture

    A-

    75/100

  • CEO Rating

    A+

    87/100

  • Compensation

    A+

    83/100

Learn more on Comparably

Jio News and Updates

Reliance Industries - Jio Best Placed To Ride 5G Opportunity: Prabhudas Lilladher

Reliance Industries - Jio Best Placed To Ride 5G Opportunity: Prabhudas Lilladher

Subex Surges 20% On Partnering Jio Platforms For AI Platform

Jio Platforms has partnered with Subex, a telecom analytics firm, to augment its 5G product line.

5G Spectrum Auction: Bids Worth Rs 1.5 Lakh Crore Made, 71% Of Airwaves Sold; Reliance Jio Biggest Buyer

The total bids amounted to Rs 1,50,173 crore for 51,236 MHz of spectrum.

5G Spectrum Auction Day 2 Review - Reliance Jio, Bharti Airtel Top Up In Some Circles: Motilal Oswal

5G Spectrum Auction Day 2 Review - Reliance Jio, Bharti Airtel Top Up In Some Circles: Motilal Oswal

5G Spectrum Auction Day 1 Review - Reliance Jio Bids For 700MHz: ICICI Securities

5G Spectrum Auction Day 1 Review - Reliance Jio Bids For 700MHz: ICICI Securities

5G Spectrum Auction Begins Tuesday; Jio, Airtel Among 4 Companies In Fray

The bidding process is scheduled to start on Tuesday from 10 am and go on till 6 pm.
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Jio Frequently Asked Questions

  • When was Jio founded?

    Jio was founded in 2007.

  • Who are Jio key executives?

    Jio's key executives are Pravir Kumar, Pankaj Thapliyal and Mathew Oommen.

  • How many employees does Jio have?

    Jio has 53,778 employees.

  • What is Jio revenue?

    Latest Jio annual revenue is ₹544 b.

  • What is Jio revenue per employee?

    Latest Jio revenue per employee is ₹10.1 m.

  • Who are Jio competitors?

    Competitors of Jio include Sify Technologies, AT&T and Bharti Airtel.

  • Where is Jio headquarters?

    Jio headquarters is located at 9th Floor , Maker Chamber IV, Nariman Point, Mumbai.

  • Where are Jio offices?

    Jio has offices in Mumbai, Ahmedabad, Hyderabad and Navi Mumbai.

  • How many offices does Jio have?

    Jio has 4 offices.