Question: What Is The Turnover Of Jio?

Is Airtel running in loss?

Airtel’s struggle Taking a Rs62,187 crore hit, Airtel now doubts its ability to continue operations in the long run.

In the quarter ended June 30, Airtel swung to a loss of Rs2,866 crore from a net profit of Rs97 crore a year ago..

What is the value of Jio?

JioJio’s headquarters in RCP, Navi MumbaiOperating income₹3,631.2 crore (US$510 million) (Q4 2019)Net income₹1,148 crore (US$160 million) (FY 2019)Total assets₹187,720 crore (US$26 billion) (FY 2019)Total equity₹70,864 crore (US$9.9 billion) (FY 2019)13 more rows

What is the name of Jio share?

Reliance Jio Infocomm Ltd Live Stock Price , 840rjil18b Live Share Price, 952487 | BSE.

Is Jio safe?

A Jio spokesperson has said: “We have come across the unverified and unsubstantiated claims of the website and are investigating it. Prima facie, the data appears to be unauthentic. We want to assure our subscribers that their data is safe and maintained with highest security.

Is Reliance Jio in profit or loss?

Jio had reported a net profit of Rs 830 crore in the third quarter of 2018-19 fiscal year. After considering depreciation normalisation impact and subsidy expenses, the normalised net earnings should have been a loss of Rs 3,800 crore, it said.

Who is the CEO of Reliance Jio?

CEO Mukesh AmbaniReliance/Jio CEO Mukesh Ambani explains new partnership with Facebook.

Is Jio running in loss?

Kolkata: Reliance Jio Infocomm is staring at a potential loss of Rs 15,000 crore ($2.1 billion) in FY19, which isn’t immediately visible because the Mukesh Ambani-led telco uses non-standard depreciation metrics and relies on another group company to bear handset subsidies, brokerage Sanford C Bernstein said.

Which share is best to buy now?

HOT STOCKS – BEST STOCKS TO BUY TODAYComapny nameCREATE DATE/TIMELTP ChgUPL1/16/2020 12:47 PM519.25Sun Pharma.Inds.1/16/2020 12:47 PM555.75Kotak Mah. Bank1/16/2020 12:47 PM1467.10

Can Jio be listed?

Tulsian said Jio may not see Indian listing as it will not be able to capture full value of the stock. Jio may see an overseas listing in the next couple of years to give maximum value to the Reliance shareholders. … With these investments, RIL has become net debt-free,” said the company.

Why did Jio give free Internet?

Reliance Jio is trying to provide more data to users so that internet usage gets easy amid Coronavirus lockdown. … For the same purpose, Jio has started offering some users with free 2GB of 4G data as per a new report. Read on to know more about it.

Is Jio profitable now?

The telco, led by Mukesh Ambani, on Friday said profit for the quarter rose to Rs 1,350 crore compared with Rs 831 crore a year ago. The market had estimated profit to be more than Rs 1,300 crore. Profit was up 36.4 per cent from the preceding quarter. It is the company’s ninth profitable quarter in a row.

Is Reliance Jio listed on NSE?

ABOUT THE COMPANY It was incorporated in year 1973. … The company is listed on the Bombay Stock Exchange (BSE) with the BSE code as 500325. and also listed on National Stock Exchange (NSE) with NSE code as RELIANCE.

Why is Reliance Jio so cheap?

Because of two reasons First is to add customers they are giving cheap Internet which Indians users never dreamt of. We were used to see data plans like 275₹ for 1 GB. But wait they could provide reasonable cheap price like 50 for 1 GB. They could still lure subscribers with this price.

How much debt is Jio?

Reliance Jio’s net debt has fallen to ₹21,900 crore from its peak of ₹2.17 lakh crore, with global investors pumping funds over the last six weeks, for equity stake in its parent Jio Platforms Ltd., which is a wholly owned subsidiary of Reliance Industries Limited.

How is Ambani so rich?

Overnight, his wealth rose by $1.2 billion, thanks to the surge in the share prices of his oil-to-telecom company Reliance Industries (RIL), which is also India’s most-valued company. Earlier in the day, RIL shares scaled a record high of Rs 2,010, and its market capitalization stands at Rs 12.70 lakh crore.

What is the full name of Jio?

Reliance Jio Infocomm LtdReliance Jio Infocomm Ltd (popularly known as Jio), is a mobile network operator in the country. It is owned by Reliance Industries, headquartered in Mumbai. Jio provides 4G LTE services and is the only VoLTE (Voice over LTE) service provider in India.