The Business Bytes
New Delhi, July 19, 2024 (TBB Bureau): Reliance Jio Infocomm on Friday reported a 12 per cent increase in its standalone net profit for the June quarter, reaching Rs 5,445 crore.
The telecom giant, which is the largest among the three private operators in the market, saw its revenue from operations grow by 10 per cent year-on-year to Rs 26,478 crore in the first quarter of the current financial year, according to a filing with the BSE.
The net profit for the quarter amounted to Rs 5,445 crore, reflecting an 11.9 per cent year-on-year growth and a 2 per cent increase compared to the previous quarter.
