Reliance Jio Q4 net profit jumps 64% to ₹840 crore

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

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

The operating revenue of Reliance Jio rose 55.8%to ₹11,106 crore during the reported quarter, compared to ₹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 ₹2,964 crore compared to ₹723 crore in the previous fiscal.