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Reliance Jio Q3 net profit rises 15.5 per cent to Rs 3,489 crore

Jio Platforms, which provides digital and telecom services, had posted a net profit of Rs 3,020 crore in the previous quarter. 

Edited by: PTI New Delhi Published : Jan 22, 2021 20:58 IST, Updated : Jan 22, 2021 20:58 IST
Reliance Jio Q3 results
Image Source : PTI

Reliance Jio Q3 net profit rises 15.5 per cent to Rs 3,489 crore

Jio Platforms recorded 15.5 per cent quarter-on-quarter rise in net profit to Rs 3,489 crore for October-December 2020, its parent firm Reliance Industries Limited said on Friday. Jio Platforms, which provides digital and telecom services, had posted a net profit of Rs 3,020 crore in the previous quarter. The revenue of the company stood at Rs 22,858 crore in the October-December 2020 period.

Jio Platforms reported a total customer base of 41 crore as of December 31, 2020.

The company reported monthly average revenue per user of Rs 151 as against Rs 145 in the trailing quarter.

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