Reliance Jio Q1 Results: Profit rises 24% YoY to Rs 4,335 crore, meets estimates
By
Biju Kumar
Reliance NSE 0.68 % Jio’s June quarter profit jumped 23.82 per cent YoY to Rs 4,335 crore, in line with what the market had expected. The telecom operator’s Q1 revenue grew by 21.55 per cent to Rs 21,873 crore against Rs 17,994 crore reported in the June quarter of the last financial year.
An ET NOW poll had estimated PAT at Rs 4,460 crore and revenue at Rs 21,808 crore.