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India’s Reliance Jio Infocomm posts 24% jump in March-quarter profit – Metro US

India’s Reliance Jio Infocomm posts 24% jump in March-quarter profit

A construction worker walks past a gate of Reliance’s Jio
A construction worker walks past a gate of Reliance’s Jio World Plaza in Mumbai

BENGALURU (Reuters) – Reliance Jio Infocomm, the telecom unit of Reliance Industries Ltd, reported a 24.2% jump in fourth-quarter net profit on Friday.

Net profit rose to 41.73 billion rupees for the quarter ending March 31, from 33.60 billion rupees a year earlier.

(Reporting by Nallur Sethuraman in Bengaluru; Editing by Shounak Dasgupta)

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