Friday, Aug 07, 2020 | Last Update : 04:01 PM IST

136th Day Of Lockdown

Maharashtra47977931637516792 Tamil Nadu2791442210874571 Andhra Pradesh1967891128701753 Karnataka158254802812897 Delhi1415311271244059 Uttar Pradesh108974634021918 West Bengal86754610231902 Telangana7525753239601 Gujarat65704485612529 Bihar6203140760349 Assam4816233429115 Rajasthan4667932832732 Haryana3779631226448 Odisha3768124483258 Madhya Pradesh3508225414912 Kerala279561629988 Jammu and Kashmir2239614856417 Punjab1901512491462 Jharkhand140705199129 Chhatisgarh10109761369 Uttarakhand8008484795 Goa7075511460 Tripura5520367528 Puducherry4147253758 Manipur301818147 Himachal Pradesh2879171013 Nagaland24056594 Arunachal Pradesh179011053 Chandigarh120671520 Meghalaya9173305 Sikkim7832971 Mizoram5022820
  Business   Companies  31 Jul 2020  Reliance Jio's Q1 net profit surges nearly 183% to Rs 2,520 crore

Reliance Jio's Q1 net profit surges nearly 183% to Rs 2,520 crore

PTI
Published : Jul 31, 2020, 8:49 am IST
Updated : Jul 31, 2020, 8:49 am IST

Jio's operating revenue for the Q1 FY21 grew 33.7 per cent year-on-year to Rs 16,557 crore

 Reliance Jio net profit stood at Rs 891 crore in the corresponding quarter previous year. (PTI Photo)
  Reliance Jio net profit stood at Rs 891 crore in the corresponding quarter previous year. (PTI Photo)

New Delhi: Reliance Jio on Thursday posted nearly 183 per cent jump in its net profit to Rs 2,520 crore for the June quarter.

The net profit stood at Rs 891 crore in the corresponding quarter previous year.

 

Jio's operating revenue for the Q1 FY21 grew 33.7 per cent year-on-year to Rs 16,557 crore.

Its total customer base as on June 30, 2020 stood at of 398.3 million, and average revenue per user (ARPU) during the quarter was Rs 140.3 per subscriber per month.

Mukesh Ambani, Chairman and Managing Director of Reliance Industries said: "Jio started with a vision of connecting everything by building a robust and secure wireless and digital network and extending the benefits of digital connectivity to everyone in India. Thirteen investors, which include the largest technology companies and investors globally, now share a common vision with us".

 

Jio Platforms with partnerships across promising Indian startups and globally renowned technology companies is set to drive the next leg of hyper growth for digital businesses, he said.

"Our growth strategy is aimed at meeting the needs of all the 1.3 billion Indians. We remain focused on playing a leading role India's transformation into a Digital Society," Ambani said.

Tags: reliance jio, jio, jio platfoorms, mukesh ambani, reliance industries
Location: India, Delhi, New Delhi