19-July-2026
Corporate News
 
Reliance Retail Q1 net declines 14%, revenue up 8%
18-Jul-2026

Reliance Retail, the country’s largest organised retailer, on Friday reported a 14.1% year-on-year (y-o-y) decline in net profit to Rs 2,805 crore amid higher depreciation and investment in its quick commerce business. However, revenue growth in Q1 held up supported by a broad-based performance across consumption baskets, the company said in a post-results earnings call on Friday.

News Source:- https://www.financialexpress.com/business/news/reliance-retail-q1-net-declines-14-revenue-up-8/4295061/?ref=business_hp
 
 
 

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