Capital Gain

Reliance Jio net profit rises 15.5% to Rs 3,489 crore in December quarter

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Jio Platforms recorded 15.5 per cent quarter-on-quarter rise in net profit to Rs 3,489 crore for October-December 2020, its parent firm Limited said on Friday.

Jio Platforms, which provides digital and telecom services, had posted a net profit of Rs 3,020 crore in the previous quarter.

The revenue of the company stood at Rs 22,858 crore in the October-December 2020 period.

ALSO READ: Reliance Industries net profit rises 12.5% to Rs 13,101 crore in Q3

Jio Platforms reported a total customer base of 41 crore as of December 31, 2020.

The company reported monthly average revenue per user of Rs 151 as against Rs 145 in the trailing quarter.

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