The Economic Times daily newspaper is available online now.

    Reliance Jio FYQ4 net profit up 13% on year

    Synopsis

    The Mukesh Ambani-led telco’s March quarter revenue from operations rose 11.9% on-year and 1.7% sequentially, at Rs 23, 394 crore.Shares of Reliance Industries (RIL), Jio’s parent, closed around 0.14% higher at Rs 2348.9 on the Bombay Stock Exchange Friday. The Jio results were declared after market hours

    Reliance Jio FYQ4 net profit up 13% on yearETMarkets.com
    Reliance Jio Infocomm reported a 13% on-year rise in net profit in the fiscal fourth quarter, on higher data usage and also helped partly by lower spectrum and finance costs.

    Jio’s net profit in the quarter ended March stood at Rs 4716 crore as compared to Rs 4, 637 crore in the previous quarter and Rs 4174 crore a year ago.

    The Mukesh Ambani-led telco’s March quarter revenue from operations rose 11.9% on-year and 1.7% sequentially, at Rs 23, 394 crore.

    Shares of Reliance Industries (RIL), Jio’s parent, closed around 0.14% higher at Rs 2348.9 on the Bombay Stock Exchange Friday. The Jio results were declared after market hours
    Experience Your Economic Times Newspaper, The Digital Way!
    • Front Page
    • Pure Politics
    • Economy
    • ET Markets
    • More
      (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

      Download The Economic Times News App to get Daily Market Updates & Live Business News.

      ...more
      The Economic Times

      Stories you might be interested in