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Despite pandemic, Jio records 47.5% of net profit

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4 years ago

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Reliance’s Jio Platforms Ltd (JPL) has recorded a 47.5 per cent year-on-year net profit in the fourth quarter of the financial year 2021 to Rs 3,508 crores. The company said in a statement that despite COVID related challenges, JPL closed its first full year of operations with revenue and EBITDA (earnings before interest, taxes, depreciation, and amortisation) of Rs 73,503 crores, and Rs 32,359 crores respectively.

This has been driven by strong 45 per cent YoY EBITDA growth at RJIL on the back of continued subscriber traction and higher average revenue per unit (ARPU).

“Quarterly JPL operating revenue was Rs 18,278 crores, sequential decline led by the transition to Bill and Keep regime and lower number of days during the quarter. Like-for-like growth in operating revenue was ~30 per cent YoY in Q4FY21,” the statement said.

Also, quarterly EBITDA margin increased 600 bps YoY to 46.9 per cent with EBITDA at Rs 8,573 crores. Net profit in Q4FY21 for JPL increased 47.5 per cent YoY to Rs 3,508 crores (FY21 net profit at Rs 12,537 crore),” the statement added.

The company also recorded strong customer gross addition at 31.2 million (net addition of 15.4 million) in the quarter with improved traction across mobility and homes. “Gross subscriber addition of 99.3 million during FY21 despite Covid related challenges,” the statement said.

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Apple is giving a huge discount on its gadgets: Details inside

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2 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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