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RIL’s Profit Before Tax increased by 21.1% to Rs9,658 crore

Reliance Jio Infocomm Limited (“RJIL”), a subsidiary of RIL, is rolling out a state-of-the-art pan India digital services business. In addition to fixed and wireless broadband connectivity offering superior voice and data services on an all-IP network, RJIL will also offer end-to-end solutions that address the entire value chain across various digital services in key domains such as education, healthcare, security, communication, financial services, government-citizen interfaces and entertainment. RJIL aims to provide anytime, anywhere access to innovative and empowering digital content, applications and services, thereby propelling India into global leadership in digital economy.

RJIL envisages to usher in the era of “visuality”, where video will replace voice as the new communication medium. RJIL will have one of the most comprehensive and powerful Video networks in the world.

RJIL’s customer offering is built on four key strategic dimensions viz widest coverage of LTE services, substantially superior network quality, transformational data capacity and affordable services. RJIL’s deployment of LTE, FTTH and Wi-Fi will make high speed broadband access widely available to customers across India. This type of broadband access network offers high capacity, low latency services at an affordable price, a first for most Indian customers. RJIL will enable IP-centric and content focused services, with the ability to offer rich, multimedia communication and digital services.

RJIL is the first telecom operator to hold pan India Unified License. It has total liberalised spectrum holdings of 846.10 MHz, including 440.0 MHz in the 2300 MHz band (one block of 20 MHz in all 22 circles), 213.60 MHz in the 1800 MHz band (blocks ranging from 2×3 MHz to 2×10 MHz in 18 circles) and 192.50 MHz in the 800 MHz band (blocks ranging from 2×2.5 MHz to 2×5 MHz in all 22 circles, including spectrum acquired from Reliance Communications Limited (“RCOM”) across 13 circles).

All of this spectrum is liberalised and can be used for rolling out any technology. In addition, RJIL has entered into agreement with RCOM for sharing of spectrum in the 800 MHz band across 21 circles. Only RJIL is using sub-GHz spectrum band for LTE services in the country today. The combined spectrum footprint across frequency bands provides significant network capacity and deep in-building coverage for RJIL. RJIL is also creating a multi-terabit capacity international network.

During the quarter, RJIL extended its trial services to all LYF devices users under the Jio LYF Preview Offer. This has enabled testing of all the services to customers outside the initial set of test users. The feedback has been very encouraging. All the digital applications have also been tested extensively as part of this program. RJIL now has over 1.5 million test users on its network. The average monthly consumption per user is in excess of 26 GB and is increasing rapidly. Average voice usage per month is over 355 minutes. The test program will be progressively upgraded into commercial operations in coming months.

RJIL has joined some of the leading global telecom operators like China Unicom, China Mobile, China Telecom, Singtel, T-Mobile US, Telefonica and Axiata Group for an initiative for a universal Rich Communications Services (RCS) profile worldwide. This global initiative will provide a common universal profile which will enable these mobile operators to deploy an interoperable RCS implementation with a core feature set and configuration.

RJIL was awarded for JioSon deployment and architecture in the HetNet Management software category while competing with leading operators across the world at the Small Cell Forum awards.

RJIL has retained its credit ratings of “AAA (SO)/ Stable” by CRISIL and “CARE AAA (SO)” by CARE for series PPD 1 and series PPD 2 and “CRISIL AAA/ Stable” by CRISIL and “ICRA AAA/ Stable” by ICRA Limited for all other series.
Reliance Retail recorded continued growth momentum and strong profitability in 1Q FY17. Reliance Retail continues to be the dominant retailer in fresh produce and Reliance Fresh stores sold nearly 200 metric tonnes of Fruits and over 300 metric tonnes of Vegetables each day during this period. Reliance Retail has extended the ‘Reliance Smart’ store concept to more Reliance Mart stores. Reliance Smart is a destination store concept with strong value proposition across staples, FMCG and general merchandise categories. Reliance Market, the Cash and Carry stores of Reliance Retail continues to expand with new store openings at Dehradun and Sangli during the quarter. Reliance Market is focused on building a compelling B2B proposition for channel partners and serves over 2 million registered member

Reliance Retail added 16 Reliance Trends stores during the year taking the store count to 287 stores and further consolidating the position as the largest fashion destination in the country. The new store concept launched during the last quarter is being extended to other Reliance Trends stores as well and is receiving highly positive reviews. Reliance Retail strengthened its presence through its partnerships during this period. The JV with Marks and Spencer has undertaken rapid expansion with opening up of 5 new stores during the period and witnessed strong sales growth from existing stores. During the quarter, Reliance Brands launched BCBG Generation, a brand offering young contemporary collection for women’s apparel and accessories. Reliance Retail 2.0 initiatives encompassing fashion & lifestyle ecommerce, development of market place platform and building distribution ecosystem for 4G devices are on track and are being rolled out in a phased manner.

Reliance Retail’s curated fashion initiative continues to see strong traction as it builds a strong emotional connect with consumers. The site currently offers a wide range of selection of products across clothing, footwear, accessories and much more for women, with Men’s and kids planned for launch during the course of the year to complete the portfolio. Reliance Retail launched, a multi-channel commerce platform for Reliance Footprint.

Reliance Footprint is a leading specialty family footwear retailer that caters to the footwear needs of the entire family. Reliance Retail is a dominant consumer electronics retailer and operates 1,862 stores in over 650 cities in the country as Reliance Digital and Digital Express Mini stores. Reliance Digital consolidated its leadership position further for high end electronics and appliances such as UHD 4K TVs, TVs > 50 inch, Side by Side Refrigerators, Front Load Washing Machines and Invertor ACs.

Reliance Digital was awarded ‘Retailer of the Year’ by India Retail Awards 2016. Reliance Digital was the leading Electronics Retail Brand in equity index study by Nielsen. Reliance Retail’s device distribution business for 4G devices has evolved into a robust distribution network with widest reach. Reliance Retail has so far introduced 20 LYF smartphone models ranging from ₹ 3,000 to ₹ 20,000 in the market. More than 2 million smartphones have been sold through the distribution network since operationalising the channel. As on 30th June 2016, Reliance Retail operated 3,383 stores across 679 cities with an area of over 13 million square feet.

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