Reliance Jio Infocomm standalone net profit rises 177.50% in the March 2020 quarter

Sales rise 26.63% to Rs 14835.00 crore

Net profit of Reliance Jio Infocomm rose 177.50% to Rs 2331.00 crore in the quarter ended March 2020 as against Rs 840.00 crore during the previous quarter ended March 2019. Sales rose 26.63% to Rs 14835.00 crore in the quarter ended March 2020 as against Rs 11715.00 crore during the previous quarter ended March 2019.

For the full year,net profit rose 87.65% to Rs 5562.00 crore in the year ended March 2020 as against Rs 2964.00 crore during the previous year ended March 2019. Sales rose 33.58% to Rs 54316.00 crore in the year ended March 2020 as against Rs 40663.00 crore during the previous year ended March 2019.

―Business Standard