Reliance Jio Infocomm, the telecom unit under Jio Platforms Limited (JPL), reported 4% sequential growth in net profit for the fiscal second quarter. Net profit stood at Rs 5, 058 crore for the three months ended September 30, 2023, as compared to Rs 4, 863 crore in the prior three months.
Reliance Jio Q2 Results: The telecom major said net profit rose to Rs 4,518 crore in the second quarter ended September 30, from Rs 3,528 crore a year ago.
Reliance Jio Q2 results: Its net profit stood at Rs 3528 crore in the same period previous fiscal, the telco said in a regulatory filing. The revenue from operations jumped 20.2 percent to Rs 22,521 crore for the just-ended quarter, from Rs 18,735 crore in the year-ago period.