BENGALURU (Reuters) – Reliance Jio, the telecom arm of Indian billionaire Mukesh Ambani-led conglomerate Reliance Industries Ltd, reported a 28.1% increase in quarterly profit on Friday, as it added more users.
India’s biggest telecom carrier by subscribers said net profit rose to 45.18 billion Indian rupees ($545.2 million) in the second quarter ended Sept.
30, from 35.28 billion rupees a year ago. ($1 = 82.8660 Indian rupees)
(Reporting by Rama Venkat in Bengaluru; Editing by Savio D’Souza)
