Mumbai (Maharashtra), Jan. 22 -- : Jio Platforms Ltd has achieved USD 10 billion annualized operating revenue run-rate during the third quarter of 2020-21.
"JPL has achieved a milestone this quarter with annualised operating revenue run-rate of USD 10 billion with strong Revenue and EBITDA (earnings before interest, taxes, depreciation, and amortization) growth," a JPL release said.
It said that quarterly operating revenue increased 5.3 per cent QoQ to Rs 19,475 crore with EBITDA margin of 43.6 per cent.
"Net profit increased 15.5 per cent QoQ to Rs 3,489 crore (9M FY21 net profit Rs 9,029 crore). 9M FY21 Operating Revenue and EBITDA stand at Rs 55,225 crore and Rs 23,786 crore, respectively," the release said.
Commenting on the result...