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Wireless

Reliance Jio Q4 revenues jump 61%, adds 26 mln customers

Monday 22 April 2019 | 10:45 CET | News
India's fastest growing mobile operator Reliance Jio reported operating revenues of INR 136 billion for its fiscal fourth quarter to March 2019, which represents an increase of 61.6 percent year-on-year and 10.6 percent more than in Q3. EBIT rose a stronger 78.3 percent year-on-year to INR 26.6 billion, and the operator generated an EBITDA of 43.2 billion, up 6.8 percent quarter-on-quarter. EBITDA margin stood at 39 percent, while standalone net profit amounted to 8.4 billion.

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Categories: Mobile & Wireless
Companies: Reliance Jio
Countries: India
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