Reliance Jio explodes, earns tremendous, profits increased – Reliance Jio Q2 Results net profit surges to Rs 4518 crore tutk

Reliance Jio, the telecom company of industrialist Mukesh Ambani, is the largest telecom company in the country in terms of subscribers. On Friday, the company informed that there has been a tremendous increase in its earnings and profits in the July-September quarter.

The company’s net profit increased by 28 percent to Rs 4,518 crore. The net profit of the company was Rs 3,528 crore in the same period last year.

According to the news of Business Today, the company’s earnings have increased by 20.2 percent year-on-year to Rs 22,521 crore in the same period. The company says that its operating margin has also improved marginally. It has now become 26.3 percent.

Reliance Jio has recently started its 5G services. The company has started the trial of its 5G service in select cities such as Mumbai, Delhi, Varanasi and Kolkata. The company started these services from the day of Dussehra i.e. 5 October.

Reliance Jio is not a separate listed company in the stock market yet. It is a part of Reliance Industries itself. In the last few years, the earnings of both Reliance Jio and Reliance Retail companies of Reliance Industries have increased tremendously.

In the India Mobile Congress, Prime Minister Narendra Modi gave the gift of 5G service to the country. In 5G service, people will get the benefit of new age technology. In this, people will get turbo charge speed, lag-free connectivity and new age applications.

Jio’s 5G service will soon be expanded to many other cities as well. Along with the 5G launch, the company has also launched Jio Welcome Offer. Under this offer, the company is offering unlimited 5G data to users. However, this offer is not available to all users. The company is giving this offer through invite and select users are getting its benefit.

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