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Jio Says 5G Coverage Planning Completed for 1,000 Cities as Q3 Profit Grows 8.8 Percent to Rs. 3,795 Crore

Jio Platforms on Friday posted an 8.8 per cent increase in net profit at Rs. 3,795 crore for the third quarter ended December 2021. The company had posted a net profit of Rs. 3,486 crore in the same period a year ago. Gross revenue from operations increased by 5.76 per to Rs. 24,176 crore from Rs. 22,858 crore in the October-December 2020 period.Reliance Jio (RJIL), the telecom services arm of Jio Platforms, posted a 9.8 per cent rise in net profit at Rs. 3,615 crore for the quarter, compared to Rs. 3,291 crore in the…