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Reliance Jio Q2 net profit jumps 3-fold to Rs 2,844 crore, revenue zooms 33 per cent

Reliance Jio Q2 net profit jumps 3-fold to Rs 2,844 crore, revenue zooms 33 per cent


India’s largest telecom operator Reliance Jio on Friday posted an almost three-fold jump in net profit to Rs 2,844 crore for the second quarter ended September 30.

The company had registered a net profit of about Rs 990 crore in the corresponding period previous year.

Jio’s revenue from operations increased by 33 per cent to Rs 17,481 crore during the just-ended quarter, compared to Rs 13,130 crore in the same period of 2019-20, according to a regulatory filing.

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