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AprilJune

net profit: Jio Platforms net profit up 12.5% to Rs 5,098 crore in April-June

Digital services company Jio Platforms on Friday posted a 12.5% year-over-year rise in net profit at Rs 5,098 crore in the June 2023 quarter on account of subscriber additions and better realisation per user. The company had posted a net profit of Rs 4,530 crore in the same period a year ago. The revenue from operations of Jio Platforms came in at Rs 26,115 crore during the reported quarter, up 11.3% from 23,467 crore over the year-ago period. The net subscriber addition of the company surpassed 90 lakh with total data…