Reliance Jio reports Rs. 6147 crore revenue for Q2 FY18, has over 138.6 million customers

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Reliance Jio today reported Rs. 6,147 crore revenue and a net loss of 270.59 crore for its first quarterly financial performance for the period that ended 30th September, 2017. It reported Standalone earnings before interest, tax, depreciation and amortisation (EBITDA) of 1,443 crore and EBITDA margin of 23.5%, and Standalone earnings before interest and tax (EBIT) of 260 crore and EBIT margin of 4.2%. Consolidated value of services stood at 7,213 crore. Continue reading “Reliance Jio reports Rs. 6147 crore revenue for Q2 FY18, has over 138.6 million customers”