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Reliance Jio’s net profit up 24 percent to Rs 4,335 crore in the first quarter

Reliance Jio Internet Revenue: The nation’s largest telecom firm Reliance Jio Infocomm’s internet revenue elevated by about 24 % year-on-year to Rs 4,335 crore within the April-June quarter of the present monetary 12 months.

Industrialist Mukesh Ambani-led Reliance Jio’s working revenue grew 21.5 per cent to Rs 21,873 crore for the quarter ended June 2022. Jio’s first quarter outcomes have come at a time when telecom corporations are totally prepared for 5G companies. The public sale of 5G spectrum will start on July 26. On this, a complete of 72 GHz radio waves value at the very least Rs 4.3 lakh crore will likely be put up on the market.

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