Telecom Services
Telecom Services
SECTOR | 23 Jul 2023
ICICI Securities Limited
Reliance Jio Infocomm’s (RJio) revenue grew 9.9% YoY, helped by rise in mobile subs base, faster growth in FTTH and higher enterprise (incl. ILD) revenue. EBITDA was up 14.7% YoY, aided by lower SUC (which added to EBITDA growth by 4.2% YoY).
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