18-January-2025
Corporate News
 
Reliance Retail Q3 results: Net profit rises 10.1% to Rs 3,485 crore
17-Jan-2025

Reliance Retail’s net profit in October-December rose 10.1 per cent to Rs 3,485 crore over the same quarter in the previous year while its earnings before interest, tax, depreciation and amortisation from operations increased 9.8 per cent to Rs 6,632 crore. The company’s revenue from operations, at Rs 79,595 crore, was up 7 per cent year-on-year while its gross revenue increased 8.8 per cent to Rs 90,333 crore. Sequentially, its gross revenue was up 18.4 per cent and the company said it was owing to strong sequential growth driven by several productivity improvement and increased customer engagement during festival period through product launches and promotions.

News Source:- https://www.business-standard.com/companies/news/reliance-retail-q3-results-net-profit-rises-10-1-to-rs-3-485-crore-125011601469_1.html