Reliance Jio: With a profit of 4638 crores company increases by 28 percent

Reliance Jio: The net profit of the country’s largest telecom company Reliance Jio increased by 28.3 percent to Rs 4,638 crore in the third quarter of the current financial year.

The info was shared by the company today on Friday. Reliance Jio revealed to the stock market that the company had earned a net profit of Rs 3,615 crore in the same quarter of the last financial year 2021-22. Jio company is owned by industrialist Mukesh Ambani’s company Reliance.

The income of veteran telecom company Reliance Jio increased to Rs 22,993 crore in the October-December quarter of the current financial year, from Rs 19,347 crore in the same quarter of the previous financial year.

Jio spreads 5G services in every corner of the country

The country’s leading telecom company Jio is working on spreading its 5G services rapidly in every corner of the country. Taking forward its superfast connectivity, the company has started its 5G services in 16 more cities in seven states.

Jio claims that with the launch of True 5G service, customers will get the best network and many opportunities for development in e-governance, education, automation, artificial intelligence, gaming, healthcare, agriculture, and dIT.

READ THIS ALSO:  World Economic Forum: On the face of a challenge encountering inner and outer climate change

Jio also launched its first 5G data pack, which costs Rs 61 and offers 6GB of high-speed data, after which the speed will drop to 64Kbps. This is applicable on prepaid plans of Rs 119, Rs 149, Rs 179, Rs 199, and Rs 209.