Vodafone Idea posts net loss of Rs 7,022 8 cr in Q4 FY21
businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
Reliance Industries 4QFY21 Results Review - Faring well! - HDFC Securities
equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Jio Braves COVID 19 Challenges to Post 47.5 Percent Net Profit Jump to Rs. 3,508 Crores in Q4 2021
Jio Braves COVID-19 Challenges to Post 47.5 Percent Net Profit Jump to Rs. 3,508 Crores in Q4 2021
Jio closed the financial year with recorded EBITDA (earnings before interest, taxes, depreciation, and amortisation) of Rs. 75,303 crores. By ANI | Updated: 1 May 2021 10:01 IST
Photo Credit: Reuters
Reliance Jio garnered a net profit of Rs. 3,508 crores in the fourth quarter of 2021
Highlights
Jio added 31.2 million customers in the fourth quarter
ARPU of Jio for the last quarter was Rs. 138.2
Reliance s Jio Platforms Ltd (JPL) has recorded a 47.5 per cent year-on-year net profit in the fourth quarter of the financial year 2021 to Rs 3,508 crores. The company said in a statement that despite COVID related challenges, JPL closed its first full year of operations with revenue and EBITDA (earnings before interest, taxes, depreciation, and amortisati
Jio Platforms on Friday posted a net profit of Rs 3,508 crore for the fourth quarter ended March 2021, a 47.5 per cent jump over the year-ago period, according to a company statement. Its revenue from operations came in at Rs 18,278 crore, a growth of about 19 per cent compared to the corresponding period of the previous year. The company said its total customer base as on March 31, 2021 stood at 42.62 crore. During the quarter, Jio s Average Revenue Per User (ARPU) a key metrics for telcos was at Rs 138.2 per, lower than Rs 151 clocked in December quarter. ARPU for Q4FY21 was Rs 138.2, with sequential decline driven by transition from Interconnect Usage Charges (IUC) to Bill and Keep regime effective 1st January 2021, and lower number of days during the quarter, the company said in a statement.