Jio runs Indian telecom with just 27,935 employees and earns ₹1.08 Cr profit per person.
Airtel: ₹0.93 Cr/employee (28,730 staff)
Vi: -₹2.18 Cr/employee 📷
1.16× more profit per employee than Airtel. With fewer people.
And Vi? They technically posted a ₹55,622 Cr gain this year - but that's an AGR accounting adjustment, not real business performance. Remove it, and their core ops are bleeding ₹21,070 Cr.
(Source: Jio's DRHP filed for its upcoming IPO)
Fewer people. Bigger network. No accounting jugglery.
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Biased opinions about markets, AI, and India.