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Reliance Jio reports 24% rise in quarterly profit

BENGALURU: Reliance Jio, the telecom arm of Mukesh Ambani-led conglomerate Reliance Industries, reported a 24% rise in quarterly net profit on Friday, as it added more subscribers.
The company’s net profit for quarter ended June 30 came in at Rs 43.35 billion ($542.57 million), compared with Rs 35.01 billion in the same period a year ago, Jio said in a regulatory filing.



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