Jio Platforms Posts 13% PAT Increase in March Quarter
Jio Platforms achieved a 13% increase in profit after tax, reaching Rs 7,935 crore for the March quarter. Revenue from operations grew by 12.5% to Rs 38,259 crore, while the average revenue per user rose to Rs 214. These results were disclosed in a Reliance Industries Ltd company filing.
- Country:
- India
In the latest financial findings, Jio Platforms reported a notable 13 percent increase in its profit after tax, reaching Rs 7,935 crore for the March quarter, as disclosed by Reliance Industries Ltd on Friday.
The company’s revenue from operations also saw a significant rise, up 12.5 percent to Rs 38,259 crore compared to the previous year's corresponding period.
Moreover, the average revenue per user, a critical metric for telecom businesses, showed an upswing, growing 3.8 percent to Rs 214 during the reported period.
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