Reliance Jio Q4 Results: PAT jumps 13% YoY to Rs 5,337 crore, meets Street estimates

Leading telecom operator Reliance Jio Infocomm on Monday reported a 13% YoY rise in its standalone net profit to Rs 5,337 crore for the quarter ended March 31, 2024. This was broadly in line with ETNOW estimates of Rs 5,330 crore. The revenue for the reported quarter stood at Rs 25,959 crore versus ETNOW poll of Rs 26,000 crore.

The net profit stood at Rs 4,717 crore in the corresponding quarter of the previous financial year. The profit after tax was up by 2.4% over Rs 5,208 crore reported in the December ended quarter.