Reliance Jio Q3 Results: Rs 5208 crore profit, increase of 12%; 10% increase in income

Reliance Jio Q3 Results: Reliance Jio has reported a huge increase in its December quarter results, in which profit has increased by 12% to Rs 5208 crore. Along with this, the income has also increased by 10% to Rs 25368 crore.

Reliance Jio Q3 Results
Reliance Jio Q3 Results

Jio’s profit has increased by more than 12% compared to last year to Rs 5208 crore, while the income has increased by 10%. Compared to the September quarter, Jio’s profit has increased by 3% and income has increased by 2.5%.

Reliance Jio Q3 Results: How are Jio’s figures?

Jio has added a total of 1.12 crore users in the December quarter, taking the total number of customers to 47 crore. With this, the total data traffic on Jio network has increased by 32%.

Talking about operating margin, Jio’s operating margin stood at 26.3% in the December quarter, which was 26.6% a year ago and 26.4% in the September quarter. Meanwhile, total expenses stood at Rs 18518 crore in the December quarter, compared to Rs 16839 crore a year ago and Rs 18063 crore in the September quarter. Expenses related to network operation have increased from Rs 7227 crore to Rs 7706 crore in a year, while expenses related to license fees and spectrum charges have also increased from Rs 2120 crore to Rs 2330 crore in a year.

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