Jio disruption feature phone to cost rs 0 with rs 1,500 refundable deposit

Jio disruption: Feature phone to cost Rs 0 with Rs 1,500 refundable deposit

Jio disruption: Feature phone to cost Rs 0 with Rs 1,500 refundable deposit .

The Reliance Jio smartphone comes with an alpha numeric keypad, a 2.4 inch QVGA display, FM radio, torch light, headphone jack, SD card slot, and four way navigation system. Know more about Jio feature phone specifications and plans. Find the Jio

Latest News Reliance Industries Limited (RIL) on Friday held its 40th AGM or annual general meeting for shareholders today, at Birla Matushri Sabhagar in Mumbai. On Thursday, Reliance Industries reported its highest quarterly consolidated net profit of Rs 9,108 crore in three-months to 30 June on the back of higher petrochemical margins and one-time gain from sale of African asset.

Net profit in the April-June quarter at Rs 9,108 crore (Rs 30.8 per share) was 28 percent higher than Rs 7,113 crore (Rs 24.1 a share) in the same period of the last financial year, RIL said in a statement.

"Strong refining and petrochemicals margin environment contributed to higher operating profits for the quarter," it said.

Jio feature phone price The JioPhone is "effectively free," announced Mukesh Ambani.

However, the company will charge Rs. 1,500 as a refundable sum for the device from users. This sum can be claimed back by the customer at the end of 36 months of purchase. *Jio phone will be available to all Indians for an effective price of – Rs 0: Mukesh Ambani * To protect against misuse of the free Jio phone offer we plan to collect a fully refundable, one-time, security deposit of Rs 1,500 with every Jio phone: Mukesh Ambani.

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