Reliance Jio, India's most profitable telecom company, may be losing money: Analysts

That would be a bigger deficit than those of its larger rivals Bharti Airtel Ltd and Vodafone Idea Ltd, even though the company known as Jio will probably overcome them over the next 12 months in terms of service revenue and subscribers, the analysts wrote in a note to clients dated February 26. The fiscal year of Jio’s parent, Reliance Industries Ltd ends March 31.

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