Key Points
Reliance Jio on Friday reported a net profit of Rs 5,058 crore in the quarter ended September 2023, up 4% quarter-on-quarter (QoQ), compared with Rs 4,863 crore in the June quarter...
The profit figure was marginally higher than the ET Now Poll estimate of Rs 5,038 crore...
Revenue for the same period rose 3% QoQ to Rs 24,750 crore...
On a year-on-year (YoY) basis, profit jumped 12%, while revenues increased 10% in the July-September period...
The company reported an EBITDA (earnings before interest, tax, depreciation, and amortisation) of Rs 12,953 crore in the July-September period, which was higher by 3% on a sequential basis..
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