Kumari Palany & Co

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Stunning performance by Jio: 18 Crores customers & Rs. 7128 Crores income

Posted on: 28/Apr/2018 12:35:40 PM
The revenue details of Reliance Jio for the quarter of the year from 1st January to 31st March has been released in the Indian Telecom market.

Reliance Jio has informed that it earned a revenue of Rs. 7128 Crores.

As compared to the previous year, there has been an increase of 3.6% growth with a profit of Rs. 510.44 Crores.

In the 3rd quarter alone, Jio has recorded a growth of 1.2% growth.

It is worth noting at this juncture that the main competitor of Jio, Airtel, has incurred a loss of Rs. 652.30 Crores.

During the quarter from January to March, the number of Jio customers has crossed 18.66 Crores. In this quarter alone, Jio has added an additional 2.65 Cross customers. In the previous quarter, there was an addition of. 2.15 Crores customers.

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