Reliance Jio Q2 net profit jumps 3-fold to Rs 2,844 crore, revenue zooms 33 per cent
Global investment firm KKR on Thursday said it has floated a separate company, Virescent Infrastructure, to acquire renewable energy assets in India. Virescent currently owns 317 MW of solar assets located in Maharashtra and Tamil Nadu.
India's largest telecom operator Reliance Jio on Friday posted an almost three-fold jump in net profit to Rs 2,844 crore for the second quarter ended September 30.
The company had registered a net profit of about Rs 990 crore in the corresponding period previous year.
Jio's revenue from operations increased by 33 per cent to Rs 17,481 crore during the just-ended quarter, compared to Rs 13,130 crore in the same period of 2019-20, according to a regulatory filing.