Jio subs losses, high costs weigh over FYQ2, but FWA, broadband usage supports: Analysts

Reliance Jio reported a nearly 11 million customer loss despite unchanged tariffs, which impacted its earnings in Q2FY25. Higher costs affected margins. However, the broadband segment showed promise with increasing user adds, driven by its 5G-based FWA services. Analysts expect continued revenue growth, especially in the home broadband sector.