Reliance Jio Q1 Net Profit Surges 12% To Rs 4,863 Crore, Total Revenue Reaches Rs 24,127 Crore

Reliance Jio, the telecommunications arm of Reliance Industries Limited, has reported an impressive 12% increase in net profit to Rs 4,863 crore for the first quarter of the financial year, PTI reported.

When compared to the same period last year, Reliance Jio reported a net profit of Rs 4,335 crore.

Reliance Jio's total revenue increased from Rs 21,995 crore to Rs 24,127 crore during the reported quarter from last year.

As compared to the same quarter in June 2022, the revenue from operations increased by 9.9% to Rs 24,042 crore during the reported quarter.