Oct 30
Earnings call
IPO oversubscribed 24.5 times as revenue hits 40,475 crores
JPL reported quarter two revenue of 40,475 crores, up 11.5% year-on-year, and EBITDA of 21,879 crores, while its 5G customer base reached 300 million. The IPO attracted demand of over seven and a half lakh crores, representing 24.5 times oversubscription.