Reliance Jio has reported Rs. 13,968 crore revenue, up 6.4% QoQ and 28.3% YoY and a net profit of 1,350 crore, up 62.5% YoY for last quarter that ended 31st December, 2019. Jio reported Standalone earnings before interest, tax, depreciation and amortisation (EBITDA) of 5,601 crore, up 8.4% QoQ, EBITDA margin of 40.1%, and Standalone earnings before interest and tax (EBIT) of 3,805 crore, up 12.2% QoQ . Consolidated value of services stood at 16,466 crore, up 6.4% over trailing quarter. It has 370 million subscribers as of 31st December, with net addition of 14.8 million during 3QFY20. Continue reading “Reliance Jio reports Rs. 1350 crore profit in FY Q3 2019-20, crosses 370 million subscribers”