Reliance Jio’s Q1 Net Profit Climbs 12% to Rs 4,863 Crore

  • India’s largest telecom carrier, Reliance Jio, reports a 12.2% rise in Q1 profit.
  • Revenue, EBITDA, and net profit all saw a 3% increase on sequential basis.
  • Jio Bharat phones launched recently aim to further digitize India’s mobile subscriber base.
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