Reliance Jio Q1FY23 results: Profit increases 23.8% to Rs 4,335 crore

Reliance Q1 PAT is marginally up from the Rs 4,173 crore profit witnessed in Q4 of last fiscal

Reliance Jio on Friday reported a standalone net profit of Rs 4,335 crore in the quarter ending June 30, 2022.

Billionaire Mukesh Ambani-led Reliance Jio clocked revenue from operations of Rs 21,873 crore in the just-ended quarter, which was 21.5 per cent higher than the year-ago period, according to a filing.

The net profits of Reliance Jio have surged throughout the year. In Q4FY22, the company's figures stood at Rs 4,313 crore, up 23 per cent y-o-y.

In Q3FY22, the net profit was Rs 3,795 crore, and in Q2FY22, it was Rs 3,728 crore. In the first quarter of the last