Home United States USA — software Jio Platforms net profit jumps almost 25% to $502 million

Jio Platforms net profit jumps almost 25% to $502 million

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Jio Platforms’ chairman said operations slowly returned to pre-COVID levels over the past quarter.
Jio Platforms’ Q2 net profit grew almost 25% year-on-year to ₹3,728 crore, around $502 million, with the company saying customer demand is slowly returning to pre-COVID levels. « As the pandemic retreats, I am pleased that Reliance has posted a strong performance in 2Q FY22. This demonstrates the inherent strengths of our businesses and the robust recovery of the Indian and global economies. All our businesses reflect growth over pre-COVID levels, » Reliance Industries chairman and managing director Mukesh Ambani said.

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