Thursday, December 26, 2024

Jio posts flat Q4 profit, revenue down

Saturday, May 1, 2021, 0:10
This news item was posted in Business category and has 0 Comments so far.

The company’s net profit remained flat at Rs 3,508 crore while revenues declined 6.1% to Rs 18,278 crore compared with the preceding quarter. This was attributed to the change in the interconnect usage charges (IUC) regime to the bill and keep regime effective January 1.

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