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Reliance Jio reports Rs. 510 crore profit in Q4, has over 186 million customers

Reliance Jio today reported Rs. 7,128 crore revenue, up 3.6 % QoQ and a net profit of 510.44 crore, up 1.2% QoQ for its third quarterly financial performance for the period that ended 31st March, 2018. Jio’s rival Airtel earlier this week reported 652.30 crore crore net loss for the same quarter. Jio reported Standalone earnings before interest, tax, depreciation and amortisation (EBITDA) of 2,694 crore, up 2.5% QoQ, EBITDA margin of 37.8%, and Standalone earnings before interest and tax...
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