Latest News | Reliance Jio Net Profit Jumps 24% in Q3
Get latest articles and stories on Latest News at LatestLY. Reliance Jio, India's largest telecom operator, on Thursday reported a 24 per cent jump in its October-December quarter net profit as average per-user revenue rose largely due to tariff hike.
New Delhi, Jan 16 (PTI) Reliance Jio, India's largest telecom operator, on Thursday reported a 24 per cent jump in its October-December quarter net profit as average per-user revenue rose largely due to tariff hike.
Its standalone net profit of Rs 6,477 crore in October-December 2024 compared to Rs 5,208 crore in the same period a year back and Rs 6,231 crore in the preceding July-September 2024 quarter, according to a stock exchange filing by the company.
Also Read | 8th Pay Commission Approved: How Much Salary Hike Can Central Government Employees Expect Under 8th CPC?.
Jio's revenue from operations was up at Rs 29,307 crore from Rs 25,368 crore in October-December 2023.
(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)