Jio Q4 Results: Jio’s profit grew by 24% in the fourth quarter, revenue also increased

Reliance Jio on Friday said that its standalone profit after tax has seen an increase of 24 per cent. The company said that its profit has increased to Rs 4,173 crore in the quarter ending March 2022. The company said in a filing that it had a profit after tax (PAT) of Rs 3,360 crore in the same period a year ago.

The company said that its standalone revenue from operations has increased by more than 20 per cent to Rs 20,901 crore. It had reached Rs 17,358 in the March 2021 quarter.

For the financial year ending March 31, 2022, the consolidated profit after tax (PAT) of Reliance Jio has increased by nearly 23 per cent to Rs 14,854 crore. It stood at Rs 12,071 crore in FY 2021.

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