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April 27, 2018

National Stock Exchange of India Limited BSE Limited

Exchange Plaza, C/1, G Block Phiroze Jeejeebhoy Towers
Sandra- Kurla Complex Dalal Street
Sandra (East) Mumbai 400 001
Mumbai 400 051

Issue Description I Description of Security: Scrip code:

PPD1 lnfotel Broadband Ser. 8.95% 2020 (PPD-1) PPD1 946839
PPD2 lnfotel Broadband Ser. 8.95% 2020 (PPD-2) PPD2 946866
PPD3 Reliance Jio Info 9.25% 2024 (PPD-3) PPD3 950380
PPD4 Reliance Jio Info 8.95% 2019 (PPD-4) PPD4 951268
PPD5 Reliance Jio Info 8.90% 2020 (PPD-5) PPD5 (Option 1) 951555
Reliance Jio Info 9.00% 2025 (PPD-5) PPD5 (Option 2) 951556
PPD6 Reliance Jio Info 8.55% 2018 (PPD-6) PPD6 952485
PPD7 Reliance Jio Info 8.40% 2018 (PPD-7) Option-1 PPD7 (Option 1) 952486
Reliance Jio Info 8.40% 2018 (PPD-7) Option-11 PPD7 (Option 2) 952487
PPD8 Reliance Jio Info 8.25% 2025 (PPD-8) PPD8 952917
PPD9 Reliance Jio Info 8.10% 2019 (PPD-9) PPD9 953866
PPD10 Reliance Jio Info 8.10%2019 (PPD-10) PPD10 954038
PPD11 Reliance Jio Info 8.32% 2021 (Series- PPD-11) PPD11 954293
PPD12 Reliance Jio 8% 2023 PPD12 PPD12 957846
PPD13 Reliance Jio Info 8% 2023 (PPD13) PPD13 957862

Dear Sir,

Sub: Audited Financial Results for the half-year & financial year ended March 31, 2018

This has with reference to the various privately placed debentures of the Company listed on the Wholesale
Debt Market Segment of the Exchanges.

Pursuant to the Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, please find enclosed herewith the Audited Financial Results of the Company for the half year and
financial year ended March 31, 2018 duly approved by the Board of Directors in its meeting held on April
27, 2018, Audit Report on the Audited Financial Results and a declaration in respect of Audit Report with
unmodified opinion for the financial year ended March 31, 2018 .

We request you to kindly bring the above information to the notice of your members .

Thanking you .

Yours faithfully,
For Relia ce Jio lnfocomm Limited

Reliance Jio lnfocomm Limited: CIN U72900MH2007PLC234712

Registered Office: 9'h Floor, Maker Chambers IV, 222. Nariman Point. Mumbai- 400 021 , Maharashtra, India.
Tel no: 022-22785000, www.jio.com
 Jio
RELIANCE JIO INFOCOMM LIMITED
AUDITED STANDALONE FINANCIAL RESULTS FOR SIX MONTHSNEAR ENDED 31ST MARCH 2018
'fin crore, except per share data)
Six months Six months Year ended Previous year
ended ended 31.03.2018 ended
Particulars 31.03.2018 31.03.2017 31.03.2017
Audited Audited Audited Audited
Income
Value of Services 16,517.23 0.00 23,714.31 0.02
Service Tax/GST recovered (2,509.81) - (3,559.83) -
Revenue From Operations 14,007.42 0.00 20,154.48 0.02
Other Income 1.89 0.54 3.86 1.20
Total Income 14,009.31 0.54 20,158.34 1.22

Expenses
Network Operating Expenses 3,549.03 - 4,920.92 -
Access Charges (Net) 2,147.53 - 4,287.41 -
License Fees/Spectrum Charges 1,368.12 0.35 1,767.35 1.72
Employee Benefits Expense 659.09 3.47 963.36 6.04
Finance Costs 1,375.12 0.46 2,048.63 1.02
Depreciation and Amortisation Expense 2,391.43 2.48 3,576.54 4.87
Selling and Distribution expenses 515.13 17.36 796.93 17.88
Other expenses 448.4;0 10.76 688.07 17.60
Total Expenses 12,453.85 34.88 19,049.21 49.13
Profit/(Loss) before tax 1,555.46 (34.34) 1,109.13 (47.91)
Tax expense
Current Tax 234.48 - 234.48 -
Deferred Tax 306.16 (11 .84) 151.69 (16.54)
Net Profit/(Loss) for the period/year 1,014.82 (22.50) 722.96 (31.37)
Other Comprehensive Income -
(i) Items that will not be reclassified to Statement of
Profit and Loss
8.28 - 8.28 -
(ii) Income tax relating to items that will not be
reclassified to Profit or Loss
(2.87) - (2.87) -
- 5.41
Other Comprehensive Income for the period/year 5.41 -
Total Comprehensive lncome/(Loss) for the 728.37
1,020.23 (22.50) (31.37)
period/year
Earnings per Equity share of face value of 10/- each -
Not annualised
Basic (in Rupees) 0.23 (0.01) 0.16 (0.01)
Diluted (in Rupees) 0.09 (0.01) 0.07 (0.01)
Paid up Equity Share Capital, Equity Shares of~ 10/-
45,000 45,000 45,000 45,000
each.
Other Equity 57,933 25,864 57,933 25,864
Net Worth 1,02,933 70,864 1,02,933 70,864
Paid-up Debt Capital 58,392 47,463 58,392 47,463
Debenture Redemption Reserve (Refer Note 5) - - - -
Debt Equity Ratio (Refer Note 4) 0.57 0.67 0.57 0.67
Debt Service Coverage Ratio (Refer Note 4) 0.68 - 0.59 -
Interest Service Coverage Ratio (Refer Note 4) 2.13 - 1.54 -

Registered Office: Corporate Communications Telephone (+91 22) 6255 5000

Maker Chambers IV Maker Chambers IV Telefax (+91 22) 6255 51 85
9'h Floor, 222, Nariman Point 9th Floor, Nariman Point CIN U72900MH2007PLC234712
Mumbai 400 021 , India Mumbai 400 021 , India Website www.jio.com and www.ril.com

Page I of 5
 RELIANCE JIO INFOCOMM LIMITED

AUDITED STANDALONE BALANCE SHEET AS AT 31st MARCH 2018

(Zin crore)
As at 31st As at 31st
Particulars
March, 2018 March, 2017
ASSETS
Non- Current Assets
Property, plant and equipment 95,769 972
Capital work-in-progress .61,025 112,424
Intangible assets 59,760 2
Intangible assets under development 8,962 65,554
Financial Assets
Investments 1,016 873
Other financial assets 3 4
Deferred tax assets (net) 4,037 4,190
Other non-current assets 3,610 3,701
Total Non-Current Assets 2,34,182 187,720
Current Assets
Financial Assets
Trade receivables 912 0
Cash & cash equivalents 691 21
Other Bank balances 27 6
Others financial assets 340 242
Other current assets 17,579 12,899
Total Current Assets 19,549 13,168
Total Assets 2,53,731 200 888
EQUITY & LIABILITIES
Equity
Equity Share capital 45,000 45,000
Other Equity 57,933 25,864
Total Equity 1,02,933 70,864
Liabilities
Non - Current Liabilities
Financial Liabilities
Borrowings 35,192 38,436
Other financial liabilities 8,536 9,025
Deferred payment Liabilities 20,209 20,137
Provisions 364 -
Total Non-Current Liabilities 64,301 ·67,598
Current Liabilities
Financial Liabilities
Borrowings 13,263 5,923
Trade payables 3,117 -
Other financial liabilities 65,751 53,494
Deferred Payment Liabilities 870 739
Other Current Liabilities 3,406 2,202
Provisions 90 68
Total Current Liabilities 86,497 62,426
Total Liabilities 1,50,798 130,024
Total Equity and Liabilities 2,53,731 200,888

Registered Office: Corporate Communications Telephone (+91 22) 6255 5000

Maker Chambers IV Maker Chambers IV Telefax (+9122)62555185
91h Floor, 222, Nariman Point 9th Floor, Nariman Point CIN U72900MH2007PLC234712
Mumbai 400 021, India Mumbai 400 021, India Website www.jio.com and www.ril.com

Page 2 of5
 Jio
NOTES:

1. The Company has commenced commercial operations of its Wireless

Telecommunication Network with effect from 151 July 2017. The Company continues to
invest in augmentation of the network capacity and setting up wireline
telecommunication project.

2. Depreciation on Property, Plant and Equipment is provided on straight-line method

based on useful life of the assets as prescribed in Schedule II to the Companies Act,
2013. Amortization of Spectrum Fees and Depreciation on wireless telecommunications
equipment and components is determined based on the expected pattern of
consumption of the expected future economic benefits, in accordance with the
applicable Accounting Standards.

3. The Company is mainly engaged in the business of providing Digital Services. All
activities of the Company revolve around this main business. Accordingly the Company
has single segment as per the requirements of lnd AS 108 - Operating Segment.

4. Formulae for computation of ratios are as follows :

a) Debt Equity Ratio = Debt/Equity

As per Accounting Standard, Other Equity is in nature of Equity and thus, it is included
for the purpose of calculation of Debt-Equity Ratio. Debt capital comprises debentures,
term loans and other short term borrowings.

b) Debt Service Coverage Ratio = Earnings before interest and tax

Interest Expense+ Principal Repayments made
during the period for long term loans

c) Interest Service Coverage Ratio= Earnings before interest and tax

Interest Expense

5. In absence of profits as per section 71 (4) of the Company's Act 2013, the Company has
not created Debenture Redemption Reserve for a cumulative amount of ~ 2, 788.62
crore (Previous year~ 1,942.91 crore).

6. The Company has issued and allotted 400 crore 9% Non-Cumulative Optionally
Convertible Preference Shares ('OCPS') (Series-IV) of ~ 10/- each for cash, at a
premium of~ 40 per OCPS aggregating~ 20,000 crore to Reliance Industries Limited,
the holding company.

Registered Office: Corporate Communications Telephone (+91 22) 6255 5000

Maker Chambers IV Maker Chambers IV Telefax (+91 22) 6255 5185
91h Floor, 222, Nariman Point 9th Floor, Nariman Point CIN U72900MH2007PLC234712
Mumbai 400 021, India Mumbai 400 021, India Website www.jio.com and www.ril.com

Page 3 of5
 Jio
7. Details of Non-Convertible Debentures are as follows:

Previous Due Date Next Due Date

Sr. (1st Oct 2017 to 31st Mar (1st Apr 2018 to 30th Sep
Particulars
No. 2018) 2018)
Principal Interest Principal Interest
1 PPD1 - - - 17th Sep 2018
2 PPD2 - 04th Oct 2017 -
3 PPD3 - - - 18th June 2018
4 PPD4 - 20th Nov 2017 -
5 PPD5 (Option 1) - 22nd Jan 2018 -
6 PPD5 {Option 2) - 22nd Jan 2018 -
7 PPD6 - - 31st July 2018 31st July 2018
8 PPD7 (Option 1) - - 3rd AL!g 2018 3rd Aug 2018
8 PPD7 (Option 2) - - 3rd Aug 2018 3rd Aug 2018
30th Oct 2017, 2nd May 2018,
9 PPD8 - 30th Jan 2018
- 30th July 2018
10 PPD9 - -
- 2nd May 2018
11 PPD10 - - 31st May 2018
12 PPD11 - - 09th July 2018
All the mterest due were pa1d on due dates.

8. Credit rating and change in credit rating (if any):

The Company 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 AAAI
Stable" by CRISIL and "ICRA AAAI Stable" by ICRA Limited for all other series.

9. The Non-Convertible Debentures of the Company aggregating~ 12,500 crore as at 31 51

March, 2018 are secured by way of pari passu charge on the Company's certain
movable properties and the asset cover thereof exceeds hundred percent of the
principal amount of the said debentures .

Registered Office: Corporate Communications Telephone (+91 22) 6255 5000

Maker Chambers IV Maker Chambers IV Telefax (+91 22) 6255 5185
9'h Floor, 222, Nariman Point 9th Floor, Nariman Point CIN U72900MH2007PLC234712
Mumbai 400 021, India Mumbai 400 021, India Website www.jio.com and www.ril.com

Page 4 ofS
 Jio
10. During the half-year, the Company signed definitive agreement for the acquisition of
specified assets of Reliance Communications Limited ("RCOM") and its affiliates under
four categories - Towers, Optic Fibre Cable Network, Spectrum and Media
Convergence Nodes. The acquisition is subject to receipt of requisite approvals from
Governmental and regulatory authorities, consents from all lenders, release of all
encumbrances on the said assets and other conditions precedent. The consideration is
payable at completion and is subject to adjustments as specified in the agreement.

11. The figures of last six months are the balancing figures between audited figures in
respect of the full financial year and the published year to date figures up to the first six
months of the respective financial years.

12. The Audit Committee has reviewed the above results and the Board of Directors has
approved the above results and its release at their respective meetings held on 27th
April, 2018.

For Reliance Jio lnfocomm Limited

Place: Mumbai
9~~::u~§Managing Director
Date: 27th April, 2018 DIN:01259774

Registered Office: Corporate Communications Telephone (+91 22) 6255 5000

Maker Chambers IV Maker Chambers IV Telefax (+91 22) 6255 5185
91h Floor, 222, Nariman Point 9th Floor, Nariman Point CIN U72900MH2007PLC234 712
Mumbai 400 02 I, India Mumbai 400 021, India Website www.jio.com and www.ril.com

Page 5 of5
Chaturvedi & Shah Deloitte Haskins & Sells LLP
Chartered Accountants Chartered Accountants
714-715, Tulsiani Cham hers Tower 3, 27th- 32nd Floor
Nariman Point Indiabulls Finance Centre
Mumbai 400 021 Senapati Bapat Marg
Elphinstone (West)
Mumbai - 400013

INDEPENDENT AUDITOR'S REPORT

The Board of Directors of
Reliance Jio Infocomm Limited

I. We have audited the accompanying 'Statement of Audited Standalone Financial Results of

Reliance Jio Infocomm Limited ("the Company") for the six months period and year ended
31 st March, 20 18 ("the Statement"), being submitted by the Company pursuant to the
requirement of Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 as modified by Circular No . CIR/IMD/DFl/69/2016 dated August 10,
2016.

2. This Statement, which is the responsibility of the Company's Management and approved by
the Board of Directors, has been prepared on the basis of the related Standalone Audited
Financial Statements which have been prepared in accordance with the Indian Accounting
Standards prescribed under Section 133 of the Companies Act, 2013 read with relevant Rules
issued thereunder ("Ind AS") and other accounting principles generally accepted in India. Our
responsibility is to express an opinion on the Statement.

3. We conducted our audit in accordance with the Standards on Auditing issued by the Institute
of Chartered Accountants of India. Those Standards require that we comply with ethical
requirements and plan and perform the audit to obtain reasonable assurance about whether the
Statement is free from material misstatement.

An audit includes examining, on a test basis, evidence supporting amounts disclosed in the
Statement. An audit also includes evaluating the appropriateness of the accounting policies
used and the reasonableness of the accounting estimates made by the Management, as well as
evaluating the overall presentation of the Statement.

We believe that the audit evidence obtained by us, is sufficient and appropriate to provide a
basis for our audit opinion.

4. In our opinion and to the best of our information and according to the explanations given to
us, the Statement:

(i) is presented in accordance with the requirements of the Regulation 52 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No.
CIR/IMD/DFI/69/2016 dated August 10, 2016; and
 (ii) gives a true and fair view in conformity with the aforesaid Ind AS and other accounting
principles generally accepted in India of the net profit including other comprehensive
income and other financial information for the year ended 31st March, 2018.

5. The Statement includes the results for the six months ended 31st March, 2018 and 31st March,
2017 being the balancing figures between audited figures in respect of the full financial years
and the published year to date figures up to the first six months of the respective financial
years, which were subjected to limited review by us.

For Chaturvedi & Shah For Deloitte Haskins & Sells LLP
Chartered Accountants Chartered Accountants
(Registration No.1 0 1720W) (Registration No.117366W/W-100018)

R. Koria Abhijit A. Damle

Partner Partner
Membership No. 35629 Membership No. 102912
Mumbai, dated 27th April, 2018
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April 27, 2018

National Stock Exchange of India Limited BSE Limited

Exchange Plaza, C/1, G Block Phiroze Jeejeebhoy Towers
Sandra- Kurla Complex Dalal Street
Sandra (East) Mumbai 400 001
Mumbai 400 051

Sub : Declaration pursuant to Regulation 52(3) of Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015

Pursuant to Regulation 52(3) of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 read with Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) (Amendments) Regulations, 2016 dated May 25, 2016, we
hereby state that the Audit Report in respect of the Audited Financial Results for the year ended March 31,
2018 is with unmodified opinion.

Yours faithfully,

n ,fr/
For Reliance Jio lnfocomm Limited

Rajneesh Jain
Chief Financial Officer

Reliance Jio lnfocomm Limited: CIN U72900MH2007PLC234712

Registered Office: gth Floor, Maker Chambers IV, 222, Nariman Point, Mumbai- 400 021, Maharashtra, India.
Tel no: 022-22785000, www.jio.com