Jio made profit to Mukesh Ambani, profit of 4716 crores in 3 months – reliance jio q4 net profit at rs 4716 crore
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jio results
Reliance first released the figures of Jio. Where it was being predicted that the results would not be good, on the contrary, the results have come as a relief. There has been an increase in both profit and revenue. At the same time, the company’s margin has been flat at 52 per cent. If we talk about revenue, then in the fourth quarter of FY2023, the net profit of Jio has increased by 13 percent.
The company has made a profit of Rs 4716 crore. Jio’s profit was Rs 4173 crore in the same period last year. This year it has increased by 1.7 percent. The company’s operational revenue for the year stood at Rs 23,394 crore, a year-on-year growth of 12 per cent. On the other hand, talking about EBITDA, it increased by 1.7 percent quarter-on-quarter to Rs.12210 crore.
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