Reliance Jio Q3 profit rises by 28% to ₹4,638 cr: Key highlights2 min read . Updated: 20 Jan 2023, 08:39 PM IST
- Jio Platforms' revenue growth was driven by a steady increase in both the subscriber base and ARPU for the connectivity business.
Telecom giant, Reliance Jio posted double-digit growth in both the top-line and bottom-line front during the quarter ending December 31, 2022 (Q3FY23) period. In the third quarter, Jio garnered a net profit of ₹ ₹4,638 crore, rising by 28.29% compared to a profit of ₹3,615 crore in the same quarter last year. Sequentially, Jio's profitability witnessed a marginal upside of 2.65%.
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