Reliance Jio has reported Rs. 11679 crore revenue, up 5.2 % QoQ and 44% YoY and a net profit of 891 crore, up 6.1% QoQ and 45.6% YoY for its eigth quarterly financial performance for the period that ended 30th June
2019. Jio reported Standalone earnings before interest, tax, depreciation and amortisation (EBITDA) of 4,686 crore, up 8.2% QoQ, EBITDA margin of 40.1%, and Standalone earnings before interest and tax (EBIT) of 3,029 crore, up 17.2% QoQ . Continue reading “Reliance Jio reports Rs. 891 crore profit in FY Q1 2019-20, JioGigaFiber trials in final stages”