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Home>>Business>>Reliance Jio Q1 Net Profit up at Rs 3,651 crore; ARPU at Rs 138.40
Business

Reliance Jio Q1 Net Profit up at Rs 3,651 crore; ARPU at Rs 138.40

international media news
July 24, 2021 148 Views0

Reliance Jio, the telecom arm of Reliance Industries Limited (RIL), has posted a net profit of Rs 3,651 crore in the first quarter of the financial year 2021-22. Total customer base as on 30th June 2021 of 440.6 million, net addition of 42.3 million customers.

Commenting on the results, Mukesh D. Ambani, Chairman and Managing Director, Reliance Industries Limited said: “I am happy that our Company has delivered robust growth despite facing a highly challenging operating environment caused by the second wave of the COVID pandemic. The results of the First Quarter of FY2022 clearly demonstrate the resilience of Reliance’s diversified portfolio of businesses that cater to large parts of the consumption basket.”

“Jio has posted yet another record quarterly performance with industry leading operating metrics. I am thankful to Jio’s family of loyal subscribers whose number has grown further during the quarter, consolidating its position as India’s No. 1 provider of digital connectivity and services. They appreciate our continuing focus on raising the bar for superior service quality,” he added.

 

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