Reliance Jio Q4 net profit jumps 64% to Rs 840 crore, revenue up 55%

Telecom operator Reliance Jio Thursday reported 64.7 per cent increase in its net profit to Rs 840 crore in the March quarter of 2018-19.

The company had recorded net profit of Rs 510 crore in the same quarter a year ago.

The operating revenue of Reliance Jio rose 55.8 per cent to Rs 11,106 crore during the reported quarter, compared to Rs 7,128 crore in the corresponding period of 2017-18.

For the fiscal ended March 31, 2019, Reliance Jio posted over 4-fold jump in net profit to Rs 2,964 crore compared to Rs 723 crore in the previous fiscal.

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