Home / Companies / News / Reliance Jio pre-tax profit zooms 147% in June quarter, revenue up 33.7%

Reliance Jio pre-tax profit zooms 147% in June quarter, revenue up 33.7%

Ebitda for the June quarter grew 55.4 per cent to Rs 7,281 crore

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While the quarter witnessed an increase in data consumption, the lockdown impacted fresh subscription additions

3 min read Last Updated : Jul 31 2020 | 12:41 AM IST

Reliance Jio reported a pre-tax profit of Rs 3,375 crore in the April to June quarter of financial year 2020-21, driven by 33.7 per cent growth in revenue. In the same period last year, the operator had reported pre-tax profit of Rs 1,369 crore, showing a jump of almost 147 per cent.

Revenue growth was driven by a tariff hike undertaken last December. Limited customer churn and customer recharges during the lockdown also played a part. Jio, which raised over Rs 1.52 trillion through a series of stake sales from 13 investors in the June quarter, reported operating revenue of Rs

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