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

Telecom giant, Reliance Jio reported double-digit growth in the low for the quarter ended March 31, 2022. Telco’s Q4 PAT up 24.2% on standalone basis 4,173 crore as compared to a profit of Rs. 3,360 crore was recorded in the same quarter last year. Jio’s PAT grew 15.4% sequentially.

Standalone revenue from operations was 20,901 crore, a growth of 20.4% Q4FY22 Compared to 17,358 crore in the same period a year ago. Q4 revenue registers single-digit growth of 8.03% sequentially.

For the full year, standalone PAT jumps 14,817 crore against 12,015 crore in FY21. revenue advanced 76,977 crore as on March 31, 2022, as compared to 69,888 crore as of March 31, 2021.

On a consolidated basis, FY22 stood at PAT: 14,854 crore vs. 12,071 crore in FY21. revenue comes 77,356 crore against 70,127 crores.

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