Q1 Results: Reliance Jio Posts Surprise Profit Growth Even As ARPU Declines
A pedestrian using a smartphone walks past advertising and signage for Reliance Jio. (Photographer: Sanjit Das/Bloomberg)

Q1 Results: Reliance Jio Posts Surprise Profit Growth Even As ARPU Declines

Reliance Jio Infocomm Ltd. reported a surprise profit growth in the April-June quarter even after starting to pay fees for its towers and fibre and a fall in average revenue per user.Profit in the ...
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