Latest news with #Wireless
United News of India
16 hours ago
- Business
- United News of India
Reliance Industries Ltd Posts Q1 FY26 Consolidated Profit Of Rs 26,994 Crore
Mumbai, July 19 (UNI) Reliance Industries Ltd (RIL) officially announced that it has posted a consolidated net profit of Rs 26,994 crore for the first quarter which ended in June 2025 (Q1) of the financial year 2026 (FY26), marking a sharp 78.3% rise from Rs 15,138 crore in the same period last year. Sequentially, the company's profit grew 39.1% from Rs 19,407 crore in Q4 FY25. Consolidated revenue from operations for the conglomerate stood at Rs 2,73,252 crore for the quarter, which is 6% more compared to Rs 2,57,823 crore year-on-year (Y-o-Y), according to a company statement today. Reliance Industries Limited Chairman & Managing Director Mukesh Ambani said, 'Reliance has begun FY26 with a robust, all-round operational and financial performance. Consolidated EBITDA for Q1 FY26 improved strongly from a year-ago period, despite significant volatility in global macros. During the quarter, energy markets encountered heightened uncertainty, with sharp fluctuations in crude prices. Performance was supported by improvement in fuel and downstream product margins. Natural decline in natural gas production from Krishna-Godavari D6 resulted in marginally lower EBITDA for the oil and gas segment," Mukesh Ambani said. "The company's retail business customer base expanded to 358 million and the focus is on strengthening its portfolio of our own FMCG brands. Jio has scaled newer heights during the quarter including crossing 200 million 5G subscribers and 20 million home connections. Jio AirFiber is now the largest Fixed Wireless Access (FWA) service provider in the world, with a base of 7.4 million subscribers," Mukesh Ambani said. Mukesh Ambani laid out an ambitious target based on the company's performance and growth plans, saying, "Reliance will continue its stellar track record of doubling every 4 to 5 years." UNI XC BM
The Print
2 days ago
- Business
- The Print
Jio Platforms' Q1 net profit up 25 pc to Rs 7,110 cr
Jio Platforms Q1FY26 gross revenue climbed 19 per cent year-on-year (YoY) to Rs 41,054 crore, according to the earnings statement released by parent Reliance Industries. New Delhi, Jul 18 (PTI) Jio Platforms on Friday reported a nearly 25 per cent year-on-year rise in net profit to Rs 7,110 crore in the quarter ended June. Operating revenue growth was driven by a strong rise in subscriber base across mobility and homes, and increasing customer engagement and digital services business, the company said. Mukesh Ambani, Chairman and Managing Director of Reliance Industries, noted that Jio has scaled newer heights during the quarter, including crossing 200 million 5G subscribers and 20 million home connects. 'Jio AirFiber is now the largest FWA (Fixed Wireless Access) service provider in the world, with a base of 7.4 million subscribers. Our Digital Services business consolidated its market position with a robust financial and operational performance,' Ambani said. Average Revenue Per User – a key metric for all telecom companies – increased to Rs 208.8 against Rs 206.2 in the March quarter and Rs 181.7 in the June quarter of FY25. The company attributed the margin increase of 210 basis points YoY to operational leverage and sharp focus on cost efficiencies. Akash Ambani, Chairman of Reliance Jio Infocomm, said: 'Jio continues to create unparalleled technology infrastructure and is extending its leadership in 5G and fixed broadband. This will be pivotal in driving AI adoption in the country.' PTI MBI MBI SHW This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Glasgow Times
4 days ago
- Entertainment
- Glasgow Times
Glasgow firm help create football pitch for US star Drake
SuperStrong Fitness supplied the premium turf that transformed the tennis courts at Oakley Court, a luxury hotel in Windsor, into a temporary football pitch. Drake and his crew used the pitch to wind down after the end of his three-day residency at London's Wireless Festival. Read more: Hollywood star reveals Glaswegian in running to be voice of Lidl's new self-checkouts The temporary pitch was created on request from the contractor managing the afterparty venue, who contacted SuperStrong Fitness to supply 300 square metres of heavy-duty gym turf. The installation was planned for the end of Drake's Wireless residency, as part of a private post-tour football party for friends, crew, and VIP guests. However, the day before the £2 million event was nearly thrown into chaos when it was discovered there was not enough turf. (Image: Supplied) Michael Geraghty, founder of SuperStrong Fitness, said: "I got a panicked text while I was sitting at Stockholm Airport. "The contractor was 120 square metres short. "They needed more turf by lunchtime the next day. "I was about to board a flight back to Scotland. "We didn't flinch—I arranged an overnight courier before takeoff, landed in Edinburgh, and drove straight to our warehouse to meet the delivery van." Read more; Government intervenes in Glasgow O2 ABC site plans over risk to Art School Despite the setback, the pitch was successfully created, complete with spray-painted pitch markings. Michael said: "We might never see the footage. "But knowing our turf gave one of the biggest artists on the planet a chance to relax with mates after a mega show—that's more than enough for us." SuperStrong Fitness was founded during the 2020 lockdown and has since supplied turf and sled tracks to numerous home gyms, CrossFit boxes, and commercial fitness spaces, including the men's and women's training facilities at Manchester United.
Yahoo
4 days ago
- Entertainment
- Yahoo
Glasgow firm created THIS for US superstar Drake
SuperStrong Fitness helped Drake transformed the tennis courts of a luxury hotel into a bespoke temporary football pitch (Image: Supplied) A Glasgow firm provided the turf to create a 'field of dreams' for global music superstar Drake. SuperStrong Fitness supplied the premium turf that transformed the tennis courts at Oakley Court, a luxury hotel in Windsor, into a temporary football pitch. Advertisement Drake and his crew used the pitch to wind down after the end of his three-day residency at London's Wireless Festival. Read more: Hollywood star reveals Glaswegian in running to be voice of Lidl's new self-checkouts The temporary pitch was created on request from the contractor managing the afterparty venue, who contacted SuperStrong Fitness to supply 300 square metres of heavy-duty gym turf. The installation was planned for the end of Drake's Wireless residency, as part of a private post-tour football party for friends, crew, and VIP guests. However, the day before the £2 million event was nearly thrown into chaos when it was discovered there was not enough turf. Advertisement (Image: Supplied) Michael Geraghty, founder of SuperStrong Fitness, said: "I got a panicked text while I was sitting at Stockholm Airport. "The contractor was 120 square metres short. "They needed more turf by lunchtime the next day. "I was about to board a flight back to Scotland. "We didn't flinch—I arranged an overnight courier before takeoff, landed in Edinburgh, and drove straight to our warehouse to meet the delivery van." Read more; Government intervenes in Glasgow O2 ABC site plans over risk to Art School Despite the setback, the pitch was successfully created, complete with spray-painted pitch markings. Advertisement Michael said: "We might never see the footage. "But knowing our turf gave one of the biggest artists on the planet a chance to relax with mates after a mega show—that's more than enough for us." SuperStrong Fitness was founded during the 2020 lockdown and has since supplied turf and sled tracks to numerous home gyms, CrossFit boxes, and commercial fitness spaces, including the men's and women's training facilities at Manchester United.
Scottish Sun
5 days ago
- Entertainment
- Scottish Sun
Watch the moment Drake re-ignites feud with Kendrick Lamar live on stage at Wireless 2025
Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) DRAKE sends fans wild as he re-ignites his bitter feud with rapper Kendrick Lamar live on stage. The singer performed a three day set at Wireless Festival this weekend but has got tongues wagging with his on-stage antics. Sign up for the Entertainment newsletter Sign up 5 Drake performed a three day set at Wireless Festival this weekend but has got tongues wagging with his on-stage antics Credit: X @HipHopAllDayy 5 Drake sends fans wild as he re-ignites his bitter feud with rapper Kendrick Lamar live on stage Credit: AP This years Wireless saw thousands of festival goers attend the three day event with a star-studded line-up at London's Finsbury Park. And in a festival first Hotline Bling hit-maker Drake took to the stage for his first full UK performance in six years. He headlined the main stage each evening in a deal thought to be worth millions. The singer put on a stellar performance bringing out incredible guest acts including Skepta, Lauryn Hill and Rema. But, it was another moment on stage that really caught fans attention. In clips circulating social media snipped from the event, Drake can be heard onstage asking the audience to name an artist he should clash with and that he will bring them onstage. The crowd then breaks out into a chorus chanting the expletive 'F*** Kendrick' in reference to rap rival Kendrick Lamar. To which Drake responds: 'Grab me a shot I'll drink to that.' The pair had seemingly buried the hatchet from their long-standing feud but now Drake has reignited the pair's rivalry. Fans took to social media gushing over the clip, one user said: 'Things like these don't end that easily.' Hidden link between Kendrick Lamar's beef with Drake, the Super Bowl halftime show, and Duolingo's dead owl revealed 'Yeesh, this battle still going?' questioned another. "It's been a year and drake is still dragging it I'm in tears." penned a third. 'Kendrick n Drake will never end this feud.' added a fourth. The duo's feud began when Drake and J. Cole released First Person Shooter, in which the latter claimed that himself, Drake, and Kendrick are the 'big three' of hip-hop. Their beef then escalated when Kendrick featured on Future and Metro Boomin's song Like That. On the abovementioned track, Kendrick responded to the claim of a "big three" in his verse where he instead stated, 'It's just big me," and accused Drake and J. Cole of sneak dissing. Kendrick also alluded to Drake's album For All the Dogs and added: "For all your dogs gettin' buried, that's a K with all these nines, he gon' see Pet Sematary." Drake responded to Kendrick with the track Push Ups, which had lyrics ridiculing Kendrick's height and his mainstream collaborations with Taylor Swift and Maroon 5. Fuel was added to the fire when Kendrick then released Not Like Us, which accuses Drake of being a pedophile. The tune won Kendrick five awards for best music video, rap song, rap performance, song, and record of the year at the Grammys in 2025. With Canadian superstar Drake suing Universal Music Group with a defamation lawsuit over the track. 5 In a festival first Hotline Bling hit-maker Drake took to the stage for his first full UK performances in six years Credit: Sophia-Loren Alexander 5 Kendrick and Drake had seemingly buried the hatchet from their long-standing feud but now the latter has reignited the pair's rivalry Credit: Getty
