The profit of private sector giant Reliance Jio has registered double-digit growth in the March 2022 quarter. Reliance Jio’s profit after tax (PAT) increased by 24.2 per cent to Rs 4,173 crore in the January-March 2022 quarter. Reliance Jio had a profit of Rs 3,360 crore in the March quarter of the last financial year.
14,817 crore profit in FY 2022
Reliance Jio’s standalone revenue from operations grew 20.4 per cent to Rs 20,901 crore in the fourth quarter of FY22. The company’s standalone revenue stood at Rs 17,358 crore during the same period a year ago. Reliance Jio’s standalone PAT (profit after tax payment) increased to Rs 14,817 crore for the full financial year 2022 from Rs 12,015 crore in FY21.
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Jio’s PAT on consolidated basis stood at Rs 14,854 crore in FY22
The company’s total revenue has increased to Rs 76,977 crore in the financial year 2022 from Rs 69,888 crore in the previous financial year. Reliance Jio’s PAT (profit after tax payment) on a consolidated basis stood at Rs 14,854 crore in FY22, as against Rs 12,071 crore a year ago. At the same time, the consolidated revenue in FY 2022 has been Rs 77,356 crore, which was Rs 70,127 crore in FY 2021.
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