Reliance Jio posts its first-ever profit of â¹504 crore
Mukesh Ambani-led Reliance Jio on Friday reported its first ever net profit at â¹504 crore in the December quarter, against a loss of â¹271 crore in the September quarter. The company's revenue rose by 11.9% during the quarter to â¹6,879 crore. Jio's total subscriber base increased to 160.1 million during the quarter.