Industry

Reliance Jio Q4 profit up 24 % to ₹ 4,173 crore

Reliance Industries’ Jio telecoms unit, in Ahmedabad. File

Reliance Industries’ Jio telecoms unit, in Ahmedabad. File | Photo Credit: REUTERS

Reliance Jio on Friday posted an about 24 % increase in standalone profit after tax to ₹ 4,173 crore for the quarter ended March 2022.

The company had registered a profit after tax (PAT) of ₹ 3,360 crore in the same period a year ago, the company said in a filing.

The standalone revenue from operations increased by over 20 % to ₹ 20,901 crore, from ₹ 17,358 crore in the March 2021 quarter.

For the financial year ended March 31, 2022, Reliance Jio's consolidated PAT increased by about 23 % to ₹ 14,854 crore, compared to ₹ 12,071 crore in FY21.

The annual revenue from operations grew by about 10.3 % to ₹ 77,356 crore in 2021-22, from ₹ 70,127 crore a year ago.


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Printable version | Jun 27, 2022 6:42:31 pm | https://www.thehindu.com/business/Industry/reliance-jio-q4-profit-up-24-to-4173-crore/article65388411.ece