Reliance Jio Q4 Results: Net Profit Rises 24% YoY, Consolidated PAT Increases 23%

Reliance Jio, the telecom giant, released its financial results for the quarter and year ending March 31, 2022 on Friday. In March 2022, the firm posted a standalone profit of Rs 4,173 crore, up 24.20 per cent from Rs 3,360 crore the previous quarter. The company's Profit Before Tax (PBT) stayed at Rs 5,592 Cr in the quarter ended March 31, 2022, up 24.32 per cent from the previous quarter. Reliance Jio's consolidated Profit After Tax (PAT) or net profit for the financial year ending March 31, 2022 climbed by 23% to Rs 14,854 crore, compared to Rs 12,071 crore in FY21.

From Rs 17,358 crore in the March 2021 quarter, standalone revenue from operations climbed by more than 20% to Rs 20,901 crore for the current financial year. Whereas, annual revenue from operations increased by 10.3% to Rs 77,356 crore, up from Rs 70,127 crore in the previous quarter. According to the company's statement, the company's operating margin reached 27.5 per cent, up from 25.7 per cent in the same quarter last year, and the company's net profit margin reached 17 per cent, up from 16.4 per cent in the quarter March 2021. In FY22, net cash flow from operating operations amounted to Rs 31,287 crore, down 4.03 per cent from Rs 32,604 crore in FY21.

Reliance Jio reported earnings before tax, depreciation, and amortisation (EBITDA) of Rs 10,510 crore, up 10.46 per cent from Rs 9,514 crore in Q3FY22. In comparison, the EBITDA margin in Q4FY22 reached 50.3 per cent, up from 49.2 per cent in Q3FY22.

Reliance Industries closed today at a market price of Rs 2,620.65, down -20.25 (-0.77%) from the previous close of Rs 2,640.90.