23-04-2024 09:29 AM | Source: IANS
Jio posts net profit of Rs 5,337 crore in January-March quarter
Reliance Jio Infocomm Ltd's net profit rose to Rs 5,337 crore in the January-March quarter, marking a 2.5 per cent rise over the preceding quarter on the back of an addition in net subscriber base, according to an exchange filing.
Reliance Jio's revenues went up 2 per cent to Rs 25,959 crore, Ebitda rose 2.5 per cent to Rs 13,612 crore, while the Ebitda margin stood at 52.4 per cent vs 52.3 per cent.
The shares of Reliance Industries closed 0.77 per cent higher on Monday ahead of the declaration of the results, as compared to 0.86 per cent gain in the NSE Nifty 50.
Latest News
RBI tweaks rules to cut risk banks face in exposure ...
Raymond posts 18 per cent jump in Q4 net profit at R...
Daily Market Commentary : Nifty after marking a new ...
Priyanka says being part of `Womb` has been nothing ...
Buy Zinc Above 259 SL. BELOW 256 TGT 263/264 - Axis...
From Alaya F to Daler Mehndi & Sudhanshu Pandey, cel...
T20 World Cup: `Four spinners... Rinku Singh should ...
Shubhankar Sharma, Gaganjeet Bhullar seek golfing br...
BIPF`s 11 th Shambhavi Puraskar honours efforts for ...
Mahindra & Mahindra received record 674 patents in FY24