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Wireless

Reliance Jio's quarterly profit jumps 183%, with EBITDA up more than 55%

Monday 3 August 2020 | 11:04 CET | News
Indian operator Reliance Jio saw its revenue increase by 33.7 percent year-on-year to INR 165.57 billion in its first quarter ended 30 June 2020. EBITDA jumped 55.4 percent year-on-year to INR 72.81 billion, driving net profit to INR 25.20 billion during the quarter, up 183 percent year-on-year. EBITDA margin reached 44 percent in the three months to 30 June 2020.

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