Reliance Industries Limited (RIL) reported its financial performance for the quarter/nine months ended 31st December, 2018. 
Reliance Jio Infocomm Limited announced the launch of VoLTE based inbound International roaming between India and Japan and became India’s first 4G mobile operator to provide VoLTE based international roaming services in India whereby international roamers will be enjoying HD voice and LTE high speed Data.
Saavn Media Private Limited, a subsidiary of Reliance Industries Limited launched JioSaavn, South Asia’s largest streaming, entertainment and artist platform. JioSaavn represents the official integration of JioMusic, India’s most popular music app, and Saavn, India’s leading global over-the-top platform.
JioCinema, Jio’s digital app and Disney India announced tie-up to offer timeless stories and beloved characters from the biggest brands in storytelling: Disney, Pixar, Marvel, and Lucas film to Jio users across age groups. Through this association, Jio users can get access to stories ranging from Disney Classics, Pixar animation, movies from Marvel and Star Wars along with a host of international as well as locally created content which users can enjoy on-the-go.
Commenting on the results, Mukesh D Ambani, Chairman and Managing Director, Reliance Industries Limited said: “In our endeavor to consistently create more value for our country and stakeholders, our company has become the first Indian private sector corporate to cross ₹ 10,000 crore quarterly profits milestone. I am proud to be part of the committed and talented team at Reliance that has helped achieve many milestones in our continuing growth journey.
In an oil price environment that witnessed heightened volatility through the quarter, RIL has delivered strong quarterly results on a consolidated basis. Competitive cost positions and integration benefits is core to our Oil to Chemicals (Refining and Petrochemicals) business, driving sustained performance even in challenging global business environment. In our new-age consumer businesses, we maintained robust growth momentum across Retail and Jio platforms and the share of consumer businesses is steadily increasing its contribution to the overall profitability of the Company. In our wireless business, our customer-centric offerings and strong ubiquitous network are helping to digitalise India at an unprecedented rate. As we execute on our strategies to deliver superior products and services to Indian consumers, I am confident, Reliance is well-positioned for the future and for the next cycle of growth.”
