NEW DELHI, April 21 (PTI): The country’s biggest telecom operator Reliance Jio on Friday reported a 13 per cent increase in net profit to Rs 4,716 crore for the fourth quarter ended March 2023, the company said in a regulatory filing.
Reliance Jio posted a net profit of Rs 4,173 crore in the year-ago period.
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Its revenue from operations in the reported quarter increased by about 12 per cent to Rs 23,394 crore from Rs 20,945 crore in the March 2022 quarter.
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For the year ended March 31, 2023, the company’s net profit rose about 23 per cent to Rs 18,207 crore from Rs 14,817 crore in 2021-22.
The annual revenue from operations grew by about 18 per cent to Rs 90,786 crore in the last fiscal compared to Rs 76,977 crore in 2021-22.
