
RIL spends ₹1 lakh crore in 9 months on 5G rollout, retail expansion and Giga factories
Net debt rose to ₹110,248 crore from ₹3,862 crore in the last one year due to the rising capital expenditure.
Net debt rose to ₹110,248 crore from ₹3,862 crore in the last one year due to the rising capital expenditure.
The consolidated revenue from operations rose 13.3% YoY to ₹220,592 crore, driven by continuing growth in consumer businesses and higher gas realisation.
Jio’s EBITDA stands at ₹12,009 cr, up 4.5% as compared to ₹11,489 cr during Q2 FY23. Operating profit up 26.6% during Q3 FY23.
The NCLT in 2020 had approved resolution plan submitted by RIL subsidiary for acquisition of RITL, one of the major private telecom infra providers in the country.
The merger with Bharti Infratel and a sharp rise in mobile data usage aided the revenue growth of the world’s second-largest telecom tower company.
Telcos' pass-through charges decreased by 1.12% QoQ and 0.38% YoY to ₹13,415 cr in Q1 FY23. License fee increased from ₹4,712 cr as of Jan-March to ₹4,844 cr as of April-June.
Trai data shows Reliance Jio's user base surged by 0.17% in September, followed by Bharti Airtel at 0.11%. Vodafone Idea saw monthly degrowth of 1.58%.
Mukesh Ambani says performance of O2C biz reflects “subdued demand and weak margin across downstream chemical products". Segment was also impacted by windfall tax on fuel export imposed by govt.
The company’s revenue from operations for the September quarter surged 20.2% to ₹22,521 crore as compared to ₹18,735 crore in the same period last year.
For the first time, a private telecom service provider has become a top landline player in the country. The Trai data shows Jio's landline userbase at 71.3 lakh, while that of BSNL's at 71.3 lakh.