Reliance Jio Infocomm, India's largest telecom carrier, reports a 13.2% rise in Q4 profit, with net profit at Rs 5,337 billion ($640.2 million)
Reliance Jio Infocomm, India's largest telecom carrier by subscriber count, has reported a 13.2% rise in fourth-quarter profit, marking a significant increase in net profit and revenue. Jio's net profit climbed to Rs 5,337 billion ($640.2 million) in Q4, compared to Rs 4,716 billion a year ago. The company's revenue from operations increased by approximately 11% to Rs 259.59 billion during the quarter, while its total expenses increased at a slightly slower rate of 10.2%.
April 22, 2024
22 Articles