Reliance Q1 Results: Profit Rises 39% On Other Income Jump; Jio ARPU Rises To Rs 208.8

Reliance Q1 Results: Profit Rises 39% On Other Income Jump; Jio ARPU Rises To Rs 208.8
Reliance Industries revenue declines. (Photo: NDTV Profit)
Reliance Industries reported a 39% quarter-on-quarter rise in consolidated net profit to Rs 26,994 crore for the June quarter, driven by a one-time gain from the sale of listed investments. Net profit, which came in above street estimates of Rs 19,775 crore, included other income of Rs 8,924 crore from the sale of listed investments, including proceeds from Reliance's stake in Asian Paints.
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