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Reliance Industries’ telecom arm reports Rs 9,839 crore AGR for March quarter

Reliance Industries’ (RIL) telecom arm — Reliance Jio Infocomm (Jio) has continued its lead over other telecom service providers in adjusted gross revenue (AGR) for the March 2019 quarter at about Rs 9,839 crore.

The Telecom Regulatory Authority of India’s (Trai) latest data showed that Jio’s AGR rose 3.76 per cent sequentially to Rs 9,838.9 crore at the end of March 2019. However, quarter-on-quarter, AGR growth for Jio this time was lower than 14.6 per cent rise it had experienced in the December quarter.

Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.

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