Telecom main Reliance Jio on Friday reported 23.8 per cent rise in standalone internet revenue at Rs 4,335 crore for the quarter ended 30 June, 2022. The telco had reported a internet revenue of Rs 3,501 crore within the year-ago interval.
The income from operations elevated 21.5 per cent to Rs 21,873 crore within the stated quarter from Rs 17,994 crore in the identical quarter final fiscal.
Sequentially, the telco’s revenue rose marginally from Rs 4,173 crore within the earlier March quarter.
The EBITDA, or earnings earlier than curiosity, taxes, depreciation, and amortization got here in at 10,964 crore in Q1FY23 as towards Rs 8,617 crore in Q1FY22, whereas the EBIDTA margin elevated 220 foundation factors to 50.1 per cent.