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.
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January 2023
December 2022
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October 2022
RIL Q3 results: Profit drops 15% YoY to ₹15,792 cr, revenue up 13%
The consolidated revenue from operations rose 13.3% YoY to ₹220,592 crore, driven by continuing growth in consumer businesses and higher gas realisation.
Reliance Jio Q3 profit surges 28% to ₹4,638 cr; revenue up 19%
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.
Jio completes 100% acquisition of Reliance Infratel for ₹3,720 cr
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.
Indus Towers: Data Gains
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’ Q1 AGR up 18% to ₹60,530 cr; Jio contributes max ₹21,516 cr
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.
Vodafone Idea loses 40 lakh users in Sept; Reliance Jio gains 7 lakh: Trai
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%.
RIL Q2 profit flat at ₹15,512 cr on disruption in O2C biz
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.
Reliance Jio Q2 net profit up 28% YoY, revenue surges 20%
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.
Reliance Jio dethrones BSNL to become India’s top landline operator
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.
