Reliance Jio Infocomm Reports 12% Higher Net Profit in April-June 2024 Quarter at INR 5,445 Crore Compared to Last Year
Reliance Jio Infocomm on Friday reported that its net profit in the April-June 2024 quarter was 12 per cent higher at Rs 5,445 crore. In the same quarter last year, the net profit was Rs 4,863 crore.
Mumbai, July 19: Reliance Jio Infocomm on Friday reported that its net profit in the April-June 2024 quarter was 12 per cent higher at Rs 5,445 crore. In the same quarter last year, the net profit was Rs 4,863 crore. The revenue from operations was over 10 per cent at Rs 26,478 crore, in the April-June 2024 quarter. In the same quarter last year, the revenue was Rs 24,042 crore. JioSafe: Reliance Jio Introduces 5G-Exclusive App in India; Check Details and Know How It Is Different From WhatsApp and Signal.
The telecom company's Audit Committee has reviewed and the Board of Directors has approved the above results at their respective meetings held on July 19. The company is setting up a 5G Network and continues augmenting its existing wireless and wireline network capacity. The company is mainly engaged in the business of providing Digital Services. Microsoft Windows Crash: Cybersecurity Experts Suggest Businesses To Have Multiple Fail Safes in Place To Avoid Microsoft-Like Massive Outage.
Jio was launched in 2016 to empower every Indian with affordable access internet services. Today, Jio is the largest operator in India and the second largest single-country operator in the world, offering services such as connectivity, fibre, mobile devices, apps, and business solutions.
Reliance Jio Infocomm Limited is a subsidiary of Jio Platforms Limited.
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