Reliance Jio Reports Increased Profits and Revenue in Q1 FY 2024-25

Reliance Jio Infocomm Ltd, the telecom division of Reliance Industries Ltd (RIL), has announced a rise in its net profit to Rs 5,445 crore for the first quarter of the financial year 2024-25. This marks an improvement from the net profit of Rs 5,337 crore in the previous quarter and Rs 4,863 crore in the same period last year.

Revenue Growth

The company’s revenue from operations increased to Rs 26,478 crore in the June quarter, up from Rs 25,959 crore in the previous quarter and Rs 24,042 crore in the same quarter last fiscal year. This growth demonstrates the company’s robust performance and expanding market presence.

Operating Margin

Reliance Jio’s operating margin improved to 52.6% on a quarter-on-quarter basis, showcasing efficient management and operational excellence.

Financial Performance Table

Period Net Profit (Rs crore) Revenue from Operations (Rs crore) Operating Margin (%)
Q1 FY 2024-25 5,445 26,478 52.6
Q4 FY 2023-24 5,337 25,959
Q1 FY 2023-24 4,863 24,042

Reliance Jio’s consistent growth in net profit, revenue, and operating margin underscores its strategic initiatives and market strength. The company continues to drive innovation and expand its footprint in the telecom industry.

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