Its revenue from operations came in at Rs 24,042 crore, rising 2.76 percent from Rs 23,394 crore in the previous quarter.

Jio Infocomm, the telecom division of Reliance Industries, on July 21 reported standalone net profit for the quarter ended June at Rs 4,863 crore, registering a growth of 12.17 percent year on year. Compared to previous quarter, it climbed 3.11 percent.

Its revenue from operations came in at Rs 24,042 crore, rising 9.91 percent year on year. Sequentially, it rose 2.76 percent from Rs 23,394 crore in the previous quarter.

The company said its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for the quarter came in at Rs 12,278 crore, rising 0.55 percent QoQ from Rs 12,210 crore.

EBITDA margin was steady at 52.3 percent.

Disclaimer: Moneycontrol is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

By bemaad

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