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Reliance Jio Q3 Updates: Jio's profit up 15.5% to Rs 3,489 crore, ARPU rises to Rs 151

 Reliance Jio Q3 Updates: Jio's profit up 15.5% to Rs 3,489 crore, ARPU rises to Rs 151


Reliance Jio Q3 Result Updates: Jio's net profit in the October-December quarter of FY 2020-21 increased by 15.5 per cent to Rs 3,489 crore.
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Dependence Jio Result: Reliance Jio, India's biggest telecom organization, expanded its net benefit by 15.5 percent to Rs 3,489 crore in the October-December quarter of the monetary year 2020-21. Dependence Industries Limited gave this data on Friday. Jio Platforms, which gives advanced and telecom administrations, had a net benefit of Rs 3,020 crore in the past quarter. The organization's income remained at Rs 22,858 crore in the October-December quarter. 

Reliance Jio



Absolute client base arrived at 41 crores 

Jio Platforms had a complete client base of 41 crore as on 31 December 2020. As indicated by the assertion delivered by Jio, the client ARPU on month to month normal income of the organization remained at Rs 151 for every endorser each month in the subsequent quarter. It was 145 in the September quarter.

During the quarter, Google contributed Rs 33,737 crore for a 7.73 percent stake in Jio Platforms Limited. This has prompted a complete speculation of Rs 1.52 lakh crore for a 32.88 percent stake in Jio Platforms. Dependence Jio's working benefit for the quarter remained at Rs 8,483 crore, an expansion of 6.4 percent over the past quarter. The organization's working edge in the quarter expanded to 43.6 percent from 43.1 percent in the past quarter. 

RIL Q3: Reliance Industries' benefit up by 12%, income decreased to 1.28 lakh crore

2,844 crores benefit in the past quarter 

Reliance Jio


Prior, Reliance Jio had a net benefit of Rs 2,844 crore in the July-September quarter of the monetary year 2020-21. In the subsequent quarter finished on September 30, there was a bounce of almost multiple times in the net benefit of the organization. In the last quarter, working income of Jio was up 33% to Rs 16557 crore. As indicated by the administrative filings, it was Rs 13,130 crore in a similar time of 2019-20. 

Simultaneously, Reliance Industries' second from last quarter (October-December) results have come. RIL's net benefit in the second from last quarter expanded 12% year-on-year to Rs 13,101 crore. The united net benefit of the organization in the October-December quarter was 13,101 crore, contrasted with 11,640 crore in the year-prior period.

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