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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
Reliance Jio Q4 results: net profit jumps to Rs 3,508 crore ANI | Updated: Apr 30, 2021 22:16 IST
Mumbai (Maharashtra) [India], April 30 (ANI): 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 crore.
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 amortization) of Rs 73,503 crore, and Rs 32,359 crore respectively.
This has been driven by strong 45 per cent YoY EBITDA growth at RJIL on the back of continued subscriber traction and higher average revenue per unit (ARPU).