Reliance Jio Q4 Profit Surges 13% to Rs 5,337 Crore
By Rediff Money Desk, NEWDELHI Apr 22, 2024 17:43
Reliance Jio's net profit for the March quarter jumped 13% to Rs 5,337 crore, driven by strong revenue growth. The company's revenue also rose 11% year-on-year.
New Delhi, Apr 22 (PTI) India's largest telecom operator Reliance Jio on Monday posted a 13 per cent year-on-year rise in its standalone net profit at Rs 5,337 crore in March quarter.
Its revenue from operations for Q4FY24 came in at Rs 25,959 crore, up 11 per cent over the year-ago period.
The net profit was pegged at Rs 5,337 crore for just-ended quarter, up from Rs 4,716 crore in the fourth quarter of FY23, which translated into a 13.16 per cent increase.
According to a BSE filing by the company, for the full FY24, the net profit stood at Rs 20,466 crore, which was 12.4 per cent higher than that of FY23.
The revenue for full fiscal ended March 2024 was Rs 1,00,119 crore, up 10.2 per cent over the preceding fiscal.
Its revenue from operations for Q4FY24 came in at Rs 25,959 crore, up 11 per cent over the year-ago period.
The net profit was pegged at Rs 5,337 crore for just-ended quarter, up from Rs 4,716 crore in the fourth quarter of FY23, which translated into a 13.16 per cent increase.
According to a BSE filing by the company, for the full FY24, the net profit stood at Rs 20,466 crore, which was 12.4 per cent higher than that of FY23.
The revenue for full fiscal ended March 2024 was Rs 1,00,119 crore, up 10.2 per cent over the preceding fiscal.
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- IFL Enterprises
- 1.36 (+ 4.62)
- 96270207
- Franklin Industries
- 3.90 (+ 4.56)
- 27488423
- Vodafone Idea L
- 16.17 ( -3.69)
- 21236550
- Indian Renewable
- 259.85 ( -4.55)
- 14220958
- AvanceTechnologies
- 0.91 ( 0.00)
- 11517194
MORE NEWS
Wipro Transfers Stake in Financial Outsourcing...
Wipro Holdings (UK) has transferred its entire stake in Wipro Financial Outsourcing...
Indian Markets Turn Negative After Record Highs
Indian stock markets experienced volatility on Thursday, turning negative after...
ASK Property Fund Invests Rs 190 Cr in...
ASK Property Fund has invested Rs 190 crore in a real estate project being developed by...