Economy
Jio Platforms Shares Rise Over 3% Following 13.7% Net Profit Jump

Jio Platforms Shares Rise Over 3% Following 13.7% Net Profit Jump

The Hindu2h
THE BRIEF
1

Jio Platforms shares climbed over 3% to trade at ₹1,476.15 on the BSE after reporting a 13.7% rise in consolidated net profit for the September quarter.

2

Consolidated net profit reached ₹8,389 crore, while revenue from operations rose 11.4% to ₹40,475 crore compared to the previous year.

3

This marked the company's first quarterly earnings announcement following its blockbuster stock market debut last week.