Reliance Jio Q1 result: no firm in world ever achieved this record

Reliance Jio Q1 result: no firm in world ever achieved this record

Courtesy : NJ WEB TEAM29/07/2018 09:17

 Reliance Jio Infocomm posted another profitable quarter with a with a 20 percent expansion sequentially in net profit for Q1 as a result of strong user additions and increased data usage.
 Reliance Jio Infocomm posted another profitable quarter with a 20 percent expansion sequentially in net profit for Q1 as a result of strong user additions and increased data usage. Furthermore, Jio added 28.7 million customers in Q1 of the running financial year, compared to 26.5 million in the last quarter. The average data consumption per user per month is 10.6GB, while the average voice consumption is 744 minutes per user per month, Jio said.
“Jio continues on its path to drive digital revolution in India. We doubled our customer base and most user metrics in the last 12 months. 215 million customers within 22 months of start is a record that no technology company has been able to achieve anywhere in the world. Jio has built an ecosystem for digital services and its affordable and simplified pricing strategy offers every Indian a chance to experience the “power of data,” Mukesh D. Ambani, Chairman and Managing Director, Reliance Industries Limited said in a press statement.

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