Reliance Jio Q1 net profit rises 45.6% to Rs 891 crore, wait for JioGigaFiber continues
Reliance Jio saw its EBITDA rise 49 per cent year-on-year (YoY) during the June quarter of FY20 to Rs 4,686 crore. The EBITDA margin of the company was at 40 per cent during the first quarter of the ongoing fiscal
- Jul 19, 2019,
- Updated Jul 19, 2019 7:42 PM IST
Reliance Jio, the telecom unit of Reliance Industries, posted a net profit of Rs 891 crore in the quarter ended June 30, 2019. The telecom disruptor saw its net profit rise 45.6 per cent on an annual basis during the quarter under review, the company claimed. Reliance Jio had posted a net profit of Rs 612 crore during the corresponding quarter of the last financial year.
Reliance Jio reported revenue from operation to the tune of Rs 11,695 crore during the June quarter of FY20. The figure saw a rise of 44.02 per cent from Rs 8,110 crore reported during the same period during last fiscal.
Reliance Jio saw its EBITDA rise 49 per cent year-on-year (YoY) during the June quarter of FY20 to Rs 4,686 crore. The EBITDA margin of the company was at 40.1 per cent during the first quarter of the ongoing fiscal.
Reliance Jio GigaFiber Vs Airtel V-Fiber: Broadband speed, data plans and price compared
Reliance Jio, the telecom unit of Reliance Industries, posted a net profit of Rs 891 crore in the quarter ended June 30, 2019. The telecom disruptor saw its net profit rise 45.6 per cent on an annual basis during the quarter under review, the company claimed. Reliance Jio had posted a net profit of Rs 612 crore during the corresponding quarter of the last financial year.
Reliance Jio reported revenue from operation to the tune of Rs 11,695 crore during the June quarter of FY20. The figure saw a rise of 44.02 per cent from Rs 8,110 crore reported during the same period during last fiscal.
Reliance Jio saw its EBITDA rise 49 per cent year-on-year (YoY) during the June quarter of FY20 to Rs 4,686 crore. The EBITDA margin of the company was at 40.1 per cent during the first quarter of the ongoing fiscal.
Reliance Jio GigaFiber Vs Airtel V-Fiber: Broadband speed, data plans and price compared