Telecom big Reliance Jio has posted a 28 per cent rise in its web revenue to ₹4,638 crore for the quarter ending December 2022 in opposition to ₹3,615 crore within the year-ago interval.
The income from operations grew 18.9 per cent to ₹22,998 crore from ₹19,347 crore within the corresponding quarter final 12 months.
Based on a press release from Reliance Jio, different earnings was at ₹63 crore, in opposition to ₹155 crore within the year-ago interval.
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Ebitda was ₹12,009 crore in opposition to ₹22,521 crore within the year-ago interval whereas earnings earlier than curiosity, taxes, depreciation, and amortisation (Ebitda) margin was at 52.2 per cent in the course of the third quarter (October-December).
The working margin of the reviewed quarter rose 50 foundation factors y-o-y to 26.6 per cent. Web revenue margin in the course of the quarter was 17.1 per cent in opposition to 15.9 per cent within the year-ago quarter.
The corporate’s bills have been ₹16,839 crore in the course of the reviewed quarter, in opposition to ₹14,655 crore within the year-ago interval.