Reliance Jio Posts 24% Rise In Quarterly Profit; Adds More Subscribers

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Reliance Jio's net profit for quarter ended June 30 came in at Rs 4,335 crore.

Reliance Jio, the telecom arm of Mukesh Ambani-led conglomerate Reliance Industries, reported a 24% rise in quarterly net profit on Friday, as it added more subscribers.

The company's net profit for quarter ended June 30 came in at Rs 4,335 crore ($542.57 million), compared with Rs 3,501 crore in the same period a year ago, Jio said in a regulatory filing.

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