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Reliance Jio Q3FY25 results: Net profit jumps 24% to Rs 6,477 crore

Business Standard LogoBusiness Standard10h ago

Reliance Jio Q3FY25 results: Net profit jumps 24% to Rs 6,477 crore - Business Standard

Quick Summary:

Its standalone net profit of Rs 6,477 crore in October-December 2024 compared to Rs 5,208 crore in the same period a year back and Rs 6,231 crore in the preceding July-September 2024 quarter, according to a stock exchange filing by the company.

Reliance Jio, India's largest telecom operator, on Thursday reported a 24 per cent jump in its October-December quarter net profit as average per-user revenue rose largely due to tariff hike.

Jio's revenue from operations was up at Rs 29,307 crore from Rs 25,368 crore in October-December 2023.


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Category: BusinessFinance

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News Sentiment: Neutral

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Article Type: News Report

Published On: 2025-01-16 @ 19:59:29 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 186 words

Reading Time: 2 minutes read

Sentences: 8 lines

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Copyright Owner: © Business Standard

News ID: 25194974

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