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Home»Business»Reliance Jio posts 28% rise in Q2 profit at ₹45.18 billion: Report
Business

Reliance Jio posts 28% rise in Q2 profit at ₹45.18 billion: Report

October 25, 2022No Comments1 Min Read
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PTI | | Posted by Aryan Prakash

Reliance Jio Infocomm on Friday posted a 28 per cent year-on-year rise in its internet revenue for the September quarter at ₹4,518 crore.

Its internet revenue stood at ₹3528 crore in the identical interval earlier fiscal, the telco mentioned in a regulatory submitting.

The income from operations jumped 20.2 per cent to ₹22,521 crore for the simply ended quarter, from ₹18,735 crore within the year-ago interval.

The Q2 scorecard comes amid large-scale community deployments throughout the nation for 5G providers, the much-talked about next-generation know-how that guarantees to ring in a brand new period of turbocharged speeds, lag-free connectivity, and new-age functions in India, the world’s second-biggest smartphone market after China.

Earlier this month, Jio introduced it should begin the beta trial of its 5G providers in 4 cities of Delhi, Mumbai, Kolkata and Varanasi from October 5 with a choose set of shoppers.

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