Reliance Jio, a company that has gripped its cheap recharge pack in the telecom sector, has made big profits. Reliance Jio net profit jumped by 65 percent between October-December 2018 last year. In the third quarter of fiscal year 2018-19, the company’s net profit reached 831 crore. The company said that the Net Profit of the October-December of the financial year 2017-18 was 504 crores.
Revenue of Reliance Jio from October to December was 10,383 crores, while in the last financial year it was 6,879 crores. By December 31, 2018, Reliance Jio’s Subscriber Base had reached 28.01 crore. Earnings from every subscriber have decreased slightly from Rs 131.7 to 130 rupees per month.
The average data consumption per user is 10.8 GB per month and the average voice consumption per user is 794 minutes per month. The sharp increase in video consumption was recorded and the company reported that the figure was 460 crore per month.
For the information of people, tell you that telecom company Reliance Jio had recently offered Kumbh Jio Phone leadership to Kumbh Mela 2019 which started in for the convenience of devotees. Through ‘Jio Phone’, you will easily find every major piece of information related to the upcoming Kumbh Mela 2019.
According to Reliance Jio, the devotees will be able to get many other important information including special trains and buses, route maps, in the service section. Not only that, the company also launched Jio Browser for Android users earlier.