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Reliance Jio posts net profit of Rs 504 crore
Reliance Jio, subsidiary of Reliance Industries Limited (RIL) posted net profit of Rs 504 crore for the third quarter of the current fiscal. Operational revenue for the third quarter was Rs 6,879 crore. The company had posted a loss of Rs 271 crore during the second quarter in 2017-18.
Mumbai
“I would like to thank all our customers for partnering with us in this revolution which has made India a global digital powerhouse. I congratulate all our employees and partners for the strong performance.
Our commitment is to keep pushing newer innovative products which would radically transform customer lives and generate huge societal value,” said Mukesh D Ambani, CMD of RIL.
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