Reliance Jio Q4 Results: Net profit rises 13% Y-O-Y to ₹5337 crore during the March’2024 quarter. On a sequential the net profit growth was soft at 2.47% compared ₹5208 Crore during the December’2023 quarter.

Image

 AMN

Reliance Jio Infocomm Ltd reported a 13.16 % y-o-y rise in net profit to ₹5337 crore during the quarter ending March’2024 over ₹4,716 Crore reported during the year ago quarter.  On sequential the net profit growth however was lower at 2.47% compared ₹5208 Crore during the December’2024 quarter.

Reliance Jio revenue at ₹25,959 Crore during March quarter though grew 10.96% compared to ₹23,394 crore during the year ago quarter. On sequential basis nevertheless revenue growth was slower compared to ₹25368 Crore during the December quarter.