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Saturday 28 April 2018

Reliance Jio posts Rs 510 crore profit in Q4

Reliance Jio, a subsidiary of Reliance Industries Limited (RIL), posted standalone net profit of Rs 510 crore for the fourth quarter (January-March) 2017-18.
It had posted standalone net profit of Rs 504 crore for the third quarter (October-December) of 2017-18.
Standalone revenue from operations of the company stood at Rs 7,128 crore during the fourth quarter, according to results published on Friday.
Subscriber base of Jio as on March 31 was 186.6 million with an average revenue per user during the quarter at Rs 137.1 per month.
Total wireless data traffic during the quarter was 506 crore GB and total voice traffic 37,218 crore minutes.

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