Mumbai (Maharashtra)[India]Jan 20 (ANI): Telecom big Reliance Jio has posted a 28 p.c bounce in web revenue to Rs 4,638 crore for the quarter ending December 2022 as towards Rs 3,615 crore previously yr.

Earnings from operations grew 18.9 p.c to Rs 22,998 crore from Rs 19,347 crore within the corresponding quarter final yr.

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In response to an announcement from Reliance Jio, different revenue was Rs 63 crore, towards Rs 155 crore within the earlier yr.

Ebitda was Rs 12,009 crore in comparison with Rs 22,521 crore within the year-ago interval whereas earnings earlier than curiosity, tax, depreciation and amortization (Ebitda) was 52.2 p.c throughout third quarter (October-December).

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The working ratio for the quarter below assessment rose by 50 p.c to 26.6 p.c. Gross margin for the quarter was 17.1 p.c from 15.9 p.c within the year-ago quarter.

The corporate’s working bills have been Rs 16,839 crore through the quarter below assessment, in comparison with Rs 14,655 crore within the earlier yr. (ANI)

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