More than 9 crore customers connected to Jio True 5G, data consumption on the network increased to 38.1 billion GB
Reliance: In the third quarter of the current fiscal year, Reliance Industries reported a net profit of Rs 17,265 crore. This represents a 9% increase over the Rs 15,792 crore earned during the same time last year. In the second quarter, it is less than Rs 17,394 crore, nevertheless.
Reliance Jio's True5G network now has over 9 crore users connected. In October 2022, Reliance unveiled it. According to Reliance Industries' third-quarter numbers, 38.1 billion GB of data were consumed overall on the Jio network, a 31.5% increase. Additionally, the network's talking time has climbed to 1.37 lakh crore minutes. Jio's earnings for the third quarter grew to Rs 5,208 crore, a 12.2% increase.
In the current fiscal year, Reliance Industries generated a net profit of Rs 17,265 crore during the third quarter. This represents a 9% increase over the Rs 15,792 crore earned during the same time last year. In the second quarter, it is less than Rs 17,394 crore, nevertheless.
One97 Communication, a Paytm firm, has lost Rs 221.7 crore. It was Rs 392.10 crore a year ago. The business brought in Rs 2,850.5 crore in sales, a 38% rise. The company has disbursed loans of Rs 15,535 crore throughout this time. A Rs 100 crore investment in GIFT City has been authorised by the board.
To Rs 3,165 crore, Reliance Retail's profit climbed by 31.87 per cent. Revenue rose to Rs 74,373 crore, a 23.75 per cent increase. In the December quarter, 252 new stores were opened by the corporation. With this, 18,774 stores are there overall.
