Knowing Jio's earnings for just three months will blow you away

Reliance Telecom, meanwhile, has released a list of Geo Chumbi earnings in just three months, according to an Ehwal report. Mukesh Ambani-led Reliance Industry Limited reported a profit of 18.32% in the second quarter of the financial year.

Jio's share in these profits is huge. According to data released on Friday, the company's revenue has seen a rise in the meantime. The company made a profit of Rs 11262 crore in the September quarter.

These profits have increased due to Geo and the retail division. In the three months before the financial year 2020, the profit of Reliance Industries stood at Rs 10104 crore. That was Rs 1.56 lakh crore last year. But this time it has doubled.

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In the three months, Reliance Industry's GRM has increased from $ 8.10 a barrel to $ 9.40 a barrel. Ebitda rose from Rs 21315 crore to Rs 22152 crore. In the second quarter, the company's ebidata margin increased 13.6 percent to 14.91 percent.

Reliance Jio's profit rose 45.40 percent year-on-year to Rs 990 crore. The company's per capita income is Rs 120. Reliance Jio's ARPU stood at Rs 122 in the first three months. Reliance Jio's revenue grew 5.8 per cent to Rs 12,354 crore in the second quarter. 11679 crore in the previous quarter.

Telecom operator Reliance Jio's growth is ongoing. The company, in August, outperformed other telecom operators and added most customers to its network. Telecom operators other than Jio have suffered losses in this regard.

According to the report, Jio had added 8.4 million, or 84 million new subscribers, to its network in August. All companies, except Geo, have been at a loss. Only one geo has been profitable.

Jio's subscriber base has reached 348 million, according to a TRAI report. In August, 5 lakh customers left Airtel. So the company's subscriber base has reached 327 million.

In addition to Vodafone Idea, the company suffered a huge loss in August. About 4.9 million customers left the company this month. Let us know that Reliance Jio has recently decided to charge IUC for making outgoing calls to customers. The company announced a charge of 6 paise / min for calls made to the non-Geo network. So many customers are seeing anger.

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