Reliance Jio Q3 Results: Net profit jumps 28.3% to Rs 4,638 crore

Reliance Jio Q3 Results: Reliance Jio, the nation's largest telecom firm, on Friday reported a 28.3 per cent rise in its third-quarter net profit to Rs 4,638 crore.

The firm had a net profit of Rs 3,615 crore in October-December 2021, according to a company's stock exchange filing.

Revenue rose to Rs 22,993 crore in October-December 2022 from Rs 19,347 crore a year back.

Meanwhile, Reliance Industries Ltd on Friday reported a 15 per cent drop in its net profit to Rs 15,792 crore for the third quarter, according to a company's stock exchange filing.

The net profit of Rs 15,792 crore in October-December 2022 compares to Rs 18,549 crore a year back.

Revenue from operations rose to Rs 2,20,592 crore from Rs 1,91,271 crore in October-December 2021.