• Reliance Retail Q2 Results.

    22 October

Reliance Retail, the retail arm of oil-to-telecom behemoth Reliance Industries, posted an 18% increase in its revenue at Rs 45,426 crore for the quarter ended September 2021 as compared to Rs 38,547 crore logged in the previous quarter.

EBITDA jumped 50% to Rs 2,913 crore from Rs 1,941 crore in the previous quarter. On a YOY basis, it increased by 45% from Rs 2,006 crore. The cash profit for the company came in 62.9% higher on a YOY basis at Rs 2,293 crore while the net profit jumped 74% to Rs 1,695 crore compared to Rs 973 crore in the previous year.