Isha Ambani-led Reliance Retail Ventures Limited on Monday reported its fiscal second quarter earnings with profit at Rs 2,836 crore, up 1.3 per cent in comparison to Rs 2,800 crore during the corresponding quarter of FY24. It recorded revenue from operations at Rs 66,502 crore, down 3.5 per cent as against Rs 68,937 crore during the same period of previous financial year. According to the company, growth was impacted by weak Fashion and Lifestyle (F&L) demand, continued focus on streamlining of operations and a calibrated approach to B2B business to improve margins. The retail business vertical of Reliance Industries posted EBITDA at Rs 5,850 crore, up 0.3 per cent YoY. EBITDA from operations stood at Rs 5,675 crore, up 1.0 per cent YoY. The company reported depreciation for Q2FY25 at Rs 1,420 crore, up 1.5 per cent YoY, due to accelerated depreciation for stores under closure.