Jio reports 23% rise in net profit, loses 11 million mobile users

The company said Covid-19 impact in the previous quarter led to a churn of low-end subscribers and resulted in a fall of customer base.

reliance jio, RIL

During the second wave of the pandemic, telecom companies had offered such customers free recharges.

Reliance Jio Platform’s net profit rose 23.4 per cent to Rs 3,728 crore in the second quarter of the 2021-22 financial year (Q2FY22) on a year-on-year basis, driven by better

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First Published: Oct 22 2021 | 10:45 PM IST

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