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Reliance Jio nearly triples quarterly net profit, sales up 27%

2020-05-01 08:55:00| Telecompaper Headlines

(Telecompaper) Indian operator Reliance Jio Infocomm reported a near tripling in its net profit for the fiscal fourth quarter to March, to INR 23.3 billion from INR 8.4 billion a year earlier. The customer base rose by 26.3 percent year-on-year to 387.5 million, and Jio added a net 17.5 million new customers in Q4 alone. 

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