Reliance Jio, the country’s largest telecom operator, on Friday reported a 13 per cent increase in net profit for the fourth quarter ended March 2023, the company said in a regulatory filing.
In the one-year-ago period, Reliance Jio posted a net profit of Rs 4,173 crore.
Its income from operations rose nearly 12 percent to Rs 23,394 crore in the reported quarter from Rs 20,945 crore in the March 2022 quarter.
For the year ended March 31, 2023, the company’s net profit rose nearly 23 percent to Rs 18,207 crore from Rs 14,817 crore in 2021-22.
Annual income from operations rose nearly 18 per cent to Rs 90,786 crore in the last fiscal compared to Rs 76,977 crore in 2021-22.
