RELIANCE JIO INFOCOMM LTD.
[CIN: U72900MH2007PLC171406] Registered
Office: 9th Floor, Maker Chambers IV, 222 Nariman Point, Mumbai, Maharashtra -
400021, India
AUDITED BALANCE SHEET AS AT MARCH 31, 2025
(All amounts in INR Crore unless otherwise stated)
Note As at March 31, As at March 31,
Particulars
No. 2025 2024
ASSETS
Non-Current Assets
Property, Plant and Equipment 1 2,48,000 2,40,000
Intangible Assets (Spectrum Licenses) 2 98,000 1,00,000
Capital Work-in-Progress 5,000 10,000
Financial Assets - Investments 3 18,500 15,000
Other Non-Current Assets 5,000 4,500
Total Non-Current Assets 3,74,500 3,69,500
Current Assets
Inventories 1,000 900
Financial Assets:
- Trade Receivables 4 14,200 13,500
- Cash and Cash Equivalents 5 9,500 10,500
- Other Financial Assets 2,800 2,600
Other Current Assets 1,000 1,000
Total Current Assets 28,500 28,500
TOTAL ASSETS 3,93,000 3,98,000
EQUITY AND LIABILITIES
Equity
Equity Share Capital 6 1,20,000 1,20,000
Other Equity (Retained Earnings) 7 1,91,500 1,85,500
Note As at March 31, As at March 31,
Particulars
No. 2025 2024
Total Equity 3,11,500 3,05,500
Liabilities
Non-Current Liabilities
Financial Liabilities - Borrowings 8 48,000 50,000
Deferred Tax Liabilities (Net) 14,200 14,000
Total Non-Current Liabilities 62,200 64,000
Current Liabilities
Financial Liabilities:
- Trade Payables 9 11,800 12,500
- Short-term Borrowings 10 7,500 8,000
Other Current Liabilities 0 0
Total Current Liabilities 19,300 20,500
TOTAL EQUITY AND
3,93,000 3,98,000
LIABILITIES
Notes forming part of the Financial Statements: 1-10
As per our report of even date:
For XYZ & Co., Chartered Accountants
[Firm Registration No.: 123456W]
Mr. A.B. Shah, Partner
[Membership No.: 78910]
Date: April 25, 2025
Place: Mumbai
For and on behalf of the Board of Directors
Mr. Mukesh D. Ambani, Chairman
Mr. Akash M. Ambani, Managing Director
Mr. Rajneesh Jain, Chief Financial Officer
Ms. Kiran M. Thomas, Company Secretary
Date: April 25, 2025
RELIANCE JIO INFOCOMM LTD. AUDITED STATEMENT OF PROFIT AND
LOSS FOR THE YEAR ENDED MARCH 31, 2025 (All amounts in INR Crore unless
otherwise stated)
Note Year Ended March Year Ended March
Particulars
No. 31, 2025 31, 2024
Revenue
Revenue from Operations 11 1,28,500 1,15,000
Other Income 12 1,800 1,500
Total Revenue 1,30,300 1,16,500
Expenses
Network Operating Expenses 13 58,000 52,000
Employee Benefits Expense 14 7,500 7,000
Depreciation and Amortization
15 20,800 20,000
Expense
Finance Costs 16 2,200 2,500
Other Expenses 4,000 3,800
Total Expenses 92,500 85,300
Profit Before Tax 37,800 31,200
Tax Expense:
- Current Tax 9,000 7,500
- Deferred Tax 200 300
Total Tax Expense 9,200 7,800
Profit for the Year 28,600 23,400
Other Comprehensive Income 0 0
Total Comprehensive Income for
28,600 23,400
the Year
Earnings Per Equity Share (INR) 17
- Basic 2.38 1.95
Note Year Ended March Year Ended March
Particulars
No. 31, 2025 31, 2024
- Diluted 2.38 1.95
Notes forming part of the Financial Statements: 11-17
As per our report of even date:
For XYZ & Co., Chartered Accountants
[Firm Registration No.: 123456W]
Mr. A.B. Shah, Partner
[Membership No.: 78910]
Date: April 25, 2025
Place: Mumbai
For and on behalf of the Board of Directors
Mr. Mukesh D. Ambani, Chairman
Mr. Akash M. Ambani, Managing Director
Mr. Rajneesh Jain, Chief Financial Officer
Ms. Kiran M. Thomas, Company Secretary
Date: April 25, 2025
RELIANCE JIO INFOCOMM LTD. AUDITED CASH FLOW STATEMENT FOR
THE YEAR ENDED MARCH 31, 2025 (All amounts in INR Crore unless otherwise
stated)
Year Ended March Year Ended March
Particulars
31, 2025 31, 2024
A. Cash Flow from Operating Activities
Profit Before Tax 37,800 31,200
Adjustments for:
- Depreciation and Amortization Expense 20,800 20,000
- Finance Costs 2,200 2,500
- Interest Income (1,000) (800)
Operating Profit Before Working Capital
59,800 52,900
Changes
Adjustments for Changes in Working
Capital:
- (Increase)/Decrease in Trade Receivables (700) (1,000)
- (Increase)/Decrease in Inventories (100) (200)
- Increase/(Decrease) in Trade Payables (700) 1,000
Cash Generated from Operations 58,300 52,700
- Income Taxes Paid (9,000) (7,500)
Net Cash from Operating Activities 49,300 45,200
B. Cash Flow from Investing Activities
Purchase of Property, Plant and Equipment (28,800) (35,000)
Purchase of Investments (3,500) (2,000)
Interest Received 1,000 800
Net Cash Used in Investing Activities (31,300) (36,200)
C. Cash Flow from Financing Activities
Repayment of Borrowings (4,500) (5,000)
Year Ended March Year Ended March
Particulars
31, 2025 31, 2024
Finance Costs Paid (2,200) (2,500)
Dividends Paid (12,300) (10,000)
Net Cash Used in Financing Activities (19,000) (17,500)
Net Increase/(Decrease) in Cash and Cash
(1,000) (8,500)
Equivalents
Cash and Cash Equivalents at Beginning of
10,500 19,000
Year
Cash and Cash Equivalents at End of Year 9,500 10,500
Notes forming part of the Financial Statements: 5
As per our report of even date:
For XYZ & Co., Chartered Accountants
[Firm Registration No.: 123456W]
Mr. A.B. Shah, Partner
[Membership No.: 78910]
Date: April 25, 2025
Place: Mumbai
For and on behalf of the Board of Directors
Mr. Mukesh D. Ambani, Chairman
Mr. Akash M. Ambani, Managing Director
Mr. Rajneesh Jain, Chief Financial Officer
Ms. Kiran M. Thomas, Company Secretary
Date: April 25, 2025
NOTES FORMING PART OF THE AUDITED FINANCIAL STATEMENTS (All
amounts in INR Crore unless otherwise stated)
1. Property, Plant and Equipment: Includes telecom infrastructure (towers, 5G
equipment) net of depreciation. Additions of ₹28,800 crore reflect 5G rollout
completion.
2. Intangible Assets: Spectrum licenses amortized over their useful life; ₹2,000 crore
amortized in FY25.
3. Investments: Includes stakes in JioSpaceFiber JV and other strategic investments.
4. Trade Receivables: Reflects billing to 478 million subscribers at ARPU of ₹198 (Q4
FY25).
5. Cash and Cash Equivalents: Comprises bank balances and short-term deposits.
6. Equity Share Capital: 1200,00,00,000 equity shares of INR 10 each, fully paid-up.
7. Other Equity: Retained earnings increased by ₹28,600 crore profit, reduced by
₹12,300 crore dividends.
8. Borrowings (Non-Current): Long-term loans at 4.5% average interest rate, reduced
by repayments.
9. Trade Payables: Vendor payments for network equipment and services.
10. Short-term Borrowings: Working capital loans.
11. Revenue from Operations: Telecom services (₹1,28,500 crore), up 11.7% YoY from
tariff hikes and 5G adoption.
12. Other Income: Interest and investment income.
13. Network Operating Expenses: Access charges and maintenance costs (45% of
revenue).
14. Employee Benefits Expense: Stable workforce costs.
15. Depreciation and Amortization: High due to 5G capex.
16. Finance Costs: Interest on borrowings.
17. Earnings Per Share: Calculated on 1200 crore shares (₹28,600 crore profit / 1200
crore shares = ₹2.38).
