profit

Jio Q3 net profit surges 62% at 1,350 crore

Reliance Jio Infocomm Ltd, India’s largest and only profitable telecom operator, posted a net profit of Rs 1,350 crore in the December quarter, up 62.5% year-on-year, as the company raised tariffs and data consumption surged on the back of more subscribers onboarding the network.