India's largest and fastest-growing telecom network Reliance Jio posted a net profit of Rs 1,350 crore for the quarter ended December 31, 2019 (Q3 FY20), registering a handsome 62.5 percent growth from a year ago.

Its operational revenues increased 28.3 percent to reach Rs 13,968 crore.

Its average revenue per user – a key metric in telecom business – stood at Rs 128.4.

Reliance Industries Chairman Mukesh Ambani described Jio as "the driver of digital revolution" in the country.

In November, Reliance Jio also went past incumbents Vodafone-Idea (337 million subscribers) and Bharti Airtel (326 million) to become the country's largest telecom operator, according to a TRAI report. | To read full story, visit https://startuparound.com/read/1579273237.3821146/Reliance-Jio-becomes-India's-largest-telecom-network;-posts-62.5-pc-growth-in-profits?ref=audio_experience