Reliance Jio Q2 ResultReliance Jio Infocomm on Friday reported 28 per cent year-on-year growth in its net profit at Rs 4,518 crore for the September quarter.
The telco said in a regulatory filing that its net profit stood at Rs 3528 crore in the same period last fiscal. Revenue from operations grew 20.2 per cent to Rs 22,521 crore from Rs 18,735 crore in the year-ago period.
The Q2 scorecard comes amid massive nationwide network deployment for 5G services, the much-loved next-generation technology that promises to ring in a new era of turbocharged speeds, lag-free connectivity and new-age applications. does. India is the second largest smartphone market in the world after China.
Earlier this month, Jio announced that it would start beta testing its 5G services with select customers in four cities of Delhi, Mumbai, Kolkata and Varanasi from October 5.
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