Oil-to-telecom giant Reliance Industries Ltd (RIL) is set to reveal results for the quarter ending March 2024. The announcement on quarterly figures is expected today, along with a potential dividend approval for FY24.
The telco said that Jio True 5G network now carries almost one-fourth of Jio’s mobility data traffic, and the entire 5G data is now carried on Jio’s own 5G+4G combo core.
Reliance Jio Q3 Results: Reliance Industries telecom venture, Jio, recently released its financial results for the third quarter of December 2023. The company reported a noteworthy 12.3% year-on-year increase in net profit, amounting to Rs 5,208 crore. This surge marks a significant turnaround after four consecutive quarters of slower growth. Jio credited this achievement to the rising number of subscribers and the popularity of its affordable 4G phone.