Latest News | Reliance Jio Infocomm Q1 Net Profit Rises 12 Pc to Rs 5,445 Cr
Get latest articles and stories on Latest News at LatestLY. Telecom operator Reliance Jio Infocomm on Friday posted a 12 per cent year-on-year jump in standalone net profit for the June quarter at Rs 5,445 crore.
New Delhi, July 19 (PTI) Telecom operator Reliance Jio Infocomm on Friday posted a 12 per cent year-on-year jump in standalone net profit for the June quarter at Rs 5,445 crore.
The revenue from operations for the telco -- the largest of three private players in the market -- rose 10 per cent year-on-year to Rs 26,478 crore in the first quarter of current financial year, according to a BSE fiing.
The net profit stood at Rs 5,445 crore for the quarter under review, which translates into an 11.9 per cent increase year-on-year and a 2 per cent rise sequentially.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)