Reliance Industries' Q3 internet revenue rises by 7.4% to ₹18,540 crore

Jan 16, 2025 08:05 PM IST

Reliance Industries Restricted (RIL) on Thursday reported a 7.4 per cent rise in its December quarter revenue

Reliance Industries Restricted (RIL) on Thursday reported a 7.4 per cent rise in its December quarter revenue, PTI quoted the corporate submitting.

Reliance Industries Chairman, and Managing Director Mukesh Ambani.(ANI)

The corporate reported a consolidated internet revenue of ₹18,540 crore, or ₹13.70 per share, in October-December the third quarter, greater than the determine of ₹17,265 crore, or ₹12.76 a share, in the identical interval a 12 months again, in keeping with a inventory trade submitting by the corporate.

Revenue was additionally up sequentially from ₹16,563 crore within the July-September quarter, the report added.

The corporate’s income from operations rose to ₹2.43 lakh crore from ₹2.27 lakh crore in October-December 2023.

Reliance Jio stories 24 per cent leap in Q3 internet revenue

In one other improvement, Reliance Jio reported a 24 per cent leap in its October-December quarter internet revenue as common per-user income rose largely because of tariff hike, PTI reported.

Its standalone internet revenue of ₹6,477 crore in October-December 2024 in comparison with ₹5,208 crore in the identical interval a 12 months again and ₹6,231 crore within the previous July-September 2024 quarter, in keeping with a inventory trade submitting by the corporate.

Jio’s income from operations was up at ₹29,307 crore from ₹25,368 crore in October-December 2023.