Mukesh Ambani’s Jio disrupted the market in 2016 with cheap 4G data services, sparking a price war that reshaped the sector into a near-duopoly dominated by Jio and Bharti. Average revenue per user plunged, burdening telecom operators with massive debts.
Torrent Power shares zoom 7% after 33% YoY jump in Q3 PAT
Torrent Power share price: The company also experienced consistent revenue growth. For Q3 FY25, revenue from operations was Rs 6,499 crore, marking a 2% increase