An advertisement for Reliance Jio is displayed at a bus stop in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Reliance Jio’s Profit May Fall First Time In Seven Quarters

Jul 18 2019, 10:43 AMJul 18 2019, 10:43 AMJuly 18 2019, 10:43 AMJuly 18 2019, 10:43 AM

Reliance Jio Infocomm Ltd. is expected to earn lower profit on every rupee of revenue earned in the first quarter as it starts paying for towers and fibre.Reliance Industries Ltd., the parent of Re...