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Jio, retail biz boost Reliance profit by 12% in third quarter
Mint New Delhi
|January 17, 2025
Jio's digital business added 2 million new connections; its subscriber base rose 2.4% from a year earlier
The operating margin at 9.8% was slightly better than in Q2, but 40 basis points below the third quarter of last fiscal year. "Refining margins recovered sequentially, with petrochemical deltas exhibiting a mixed trend," Ambani said.
RIL's digital business division Jio Platforms and Reliance Retail contributed significantly to profits.
In Q3, Jio Platforms' net profit jumped 25.9% to ₹6,857 crore, while Reliance Retail's profit swelled 10.1% to ₹3,485 crore.
Cette histoire est tirée de l'édition January 17, 2025 de Mint New Delhi.
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