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Reliance s Jio Infocomm raises $2 bn offshore loan for 5G gear purchases: Report

HSBC was the lead arranger of the transaction that will help fund the telco’s 5G gear purchases from Nokia.

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Mukesh Ambani s Reliance Jio post 12% jump in net profit – check Q1 FY2024 revenue, EBITDA, ARPU, other details

Reliance Jio Q1 Results 2024: Reliance Jio’s consolidated revenue from operations came in at Rs 23,394 crore, less than ET NOW’s projection of Rs 24,030 crore. During the last quarter, the company reported a 13 per cent jump in its net profit to Rs 4,716 crore for the January-March quarter of FY23., Markets News, Times Now

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Reliance Jio Q1 results: Net profit rises 24% to Rs 4,335 crore

The revenue from operations increased 21.5 per cent to Rs 21,873 crore in the said quarter from Rs 17,994 crore in the same quarter last fiscal.

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