Jio revenue was ₹544.03 b in FY, 2020 which is a 40.1% year over year increase from the previous period.

## Founding Date | 2007 |

## Total Funding | $17.2 b |

## Investors | Qualcomm Ventures, Google, Silver Lake Partners, General Atlantic, TPG, Vista Equity Partners, ICICI Bank, Facebook, HDFC Bank, Abu Dhabi Investment Authority, Axis Bank, DSP Blackrock, IDFC Bank, L Catterton, Mubadala Investment Company, Public Investment Fund |

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

INR | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Revenue | 201.6b | 388.4b | 544.0b |

| 1652195% | 93% | 40% |

## Cost of goods sold | 109.8b | 197.0b | 284.5b |

## Gross profit | 91.8b | 191.4b | 259.6b |

| 46% | 49% | 48% |

## Sales and marketing expense | 8.0b | 11.5b | 12.8b |

## General and administrative expense | 9.6b | 16.6b | 14.6b |

## Operating expense total | 60.3b | 104.4b | 117.0b |

## Depreciation and amortization | 35.8b | 64.0b | 74.0b |

## Interest expense | 20.5b | 41.5b | 66.2b |

## Pre tax profit | 11.1b | 45.6b | 75.0b |

## Income tax expense | 3.9b | 15.9b | 19.3b |

## Net Income | 7.2b | 29.6b | 55.6b |

## EPS | 0.1 | 0.3 | 0.6 |

INR | H1, 2021 |
---|---|

## Revenue | 345.1b |

## Cost of goods sold | 173.2b |

## Gross profit | 171.9b |

| 50% |

## Sales and marketing expense | 5.7b |

## General and administrative expense | 6.5b |

## Operating expense total | 782.0b |

## Depreciation and amortization | 56.1b |

## Interest expense | 21.9b |

## Pre tax profit | 71.8b |

## Income tax expense | 18.2b |

## Net Income | 53.6b |

## EPS | 32.0 |

INR | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Cash | 6.9b | 170.0m | 70.7b |

## Accounts Receivable | 9.1b | 7.4b | 16.1b |

## Current Assets | 195.5b | 135.2b | 284.4b |

## PP&E | 957.7b | 746.3b | 1.0t |

## Total Assets | 2.5t | 2.0t | 2.4t |

## Accounts Payable | 31.2b | 32.6b | 47.0b |

## Short-term debt | 132.6b | 36.0b | 232.4b |

## Current Liabilities | 865.0b | 609.6b | 384.2b |

## Long-term debt | 351.9b | 656.1b | |

## Non-Current Liabilities | 643.0b | 944.5b | 323.3b |

## Total Debt | 484.6b | 659.7b | 232.4b |

## Total Liabilities | 1.5t | 1.6t | 707.5b |

## Common Stock | 450.0b | 450.0b | 450.0b |

## Additional Paid-in Capital | 520.0b | 160.0b | |

## Retained Earnings | (71.9b) | (47.2b) | 8.3b |

## Total Equity | 1.0t | 404.0b | 1.7t |

## Debt to Equity Ratio | 0.5 x | 1.6 x | 0.1 x |

## Debt to Assets Ratio | 0.2 x | 0.3 x | 0.1 x |

## Financial Leverage | 2.5 x | 4.8 x | 1.4 x |

INR | H1, 2021 |
---|---|

## Cash | 1.8b |

## Accounts Receivable | 20.9b |

## Current Assets | 307.0b |

## PP&E | 1.1t |

## Total Assets | 2.4t |

## Accounts Payable | 33.9b |

## Short-term debt | 90.3b |

## Current Liabilities | 264.0b |

## Long-term debt | 1.4b |

## Non-Current Liabilities | 349.1b |

## Total Debt | 91.7b |

## Total Liabilities | 613.2b |

## Common Stock | 450.0b |

## Total Equity | 1.8t |

## Debt to Equity Ratio | 0.1 x |

## Debt to Assets Ratio | 0 x |

## Financial Leverage | 1.3 x |

INR | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Depreciation and Amortization | 35.8b | 639.8b | 7.4b |

## Accounts Receivable | (69.6b) | (88.4b) | (68.0b) |

## Accounts Payable | 40.3b | 13.5b | 31.2b |

## Cash From Operating Activities | 35.7b | 66.6b | 165.8b |

## Purchases of PP&E | (357.9b) | (438.4b) | (517.7b) |

## Cash From Investing Activities | (359.5b) | (441.8b) | (683.7b) |

## Short-term Borrowings | 734.0b | (96.6b) | 196.4b |

## Long-term Borrowings | (33.2b) | (114.7b) | (154.4b) |

## Cash From Financing Activities | 330.5b | 368.4b | 588.4b |

## Net Change in Cash | 6.7b | (6.7b) | 70.5b |

## Interest Paid | 84.9b | 91.7b | 103.5b |

## Income Taxes Paid | 2.4b | 9.7b | 11.7b |

INR | H1, 2021 |
---|---|

## Depreciation and Amortization | 56.1b |

## Accounts Receivable | 18.6b |

## Accounts Payable | 11.8b |

## Cash From Operating Activities | 172.6b |

## Purchases of PP&E | (34.4b) |

## Cash From Investing Activities | (87.2b) |

## Short-term Borrowings | (14.2b) |

## Long-term Borrowings | (3.9b) |

## Cash From Financing Activities | (154.3b) |

## Net Change in Cash | (68.9b) |

## Interest Paid | 9.8b |

## Income Taxes Paid | 2.3b |

INR | FY, 2018 |
---|---|

## Debt/Equity | 0.5 x |

## Debt/Assets | 0.2 x |

## Financial Leverage | 2.5 x |

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

## Daily Calls, minutes | 2.5 b | 5.3 b | ||||||||||||||||||

## Data Storage Use, GB per month | 1.25 b | 2.4 b | ||||||||||||||||||

## Data Traffic, GB | 3.78 b | 4.31 b | 5.06 b | 6.42 b | 7.71 b | 8.64 b | 12.08 b | 12.84 b | ||||||||||||

## Downloads, JioTV | 100 m | |||||||||||||||||||

## Downloads, MyJio | 150 m | 200 m | ||||||||||||||||||

## Mobile Active Users | 25 m | |||||||||||||||||||

## Mobile Users | 150 m | |||||||||||||||||||

## Monthly ARPU per Subscriber | ₹156.4 | ₹154 | ₹137.1 | ₹134.5 | ₹131.7 | ₹130 | ₹128.4 | ₹130.6 | ||||||||||||

## Monthly Churn Rate | 1% | 1.4% | 0.25% | 0.3% | 0.66% | 0.61% | ||||||||||||||

## Monthly Data Traffic per User, GB | 9.62 | 9.6 | 9.7 | 10.6 | 11 | 10.8 | ||||||||||||||

## Monthly Video Watch Time, minutes | 99 b | 1.78 b | 2 b | 2.4 b | 2.04 b | |||||||||||||||

## Monthly Voice Consumption per Subscriber, minutes | 626 | 694 | 716 | 744 | 761 | 794 | ||||||||||||||

## Net Customer Additions | 15.3 m | 21.5 m | 26.5 m | 28.7 m | 37 m | 27.9 m | ||||||||||||||

## Retailers | 1 m | 1 m | 1 m | 1 m | ||||||||||||||||

## Songs, JioMusic | 40 m | 45 m | ||||||||||||||||||

## Subscribers | 72.4 m | 108.9 m | 123.4 m | 125 m | 138.6 m | 160 m | 160.1 m | 186.6 m | 215.3 m | 215 m | 252.3 m | 280.1 m | 355 m | 370 m | 387.5 m | 370 m | 388 m | |||

## Voice Calls, minutes | 311.13 b | 372.18 b | 448.71 b | 533.79 b | 634.06 b | 826.4 b | 876.34 b |

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