Reliance Retail Q2 Results: Net profit falls 24% YoY to Rs 2,611 crore; gross revenue rises 6%

Reliance Retail on Friday reported a 24.3% year-on-year (YoY) decline in profit after tax (PAT) to Rs 2,611 crore for the September quarter, compared with Rs 3,451 crore in the corresponding quarter of the previous financial year (Q2FY26).

On a sequential basis, net profit declined 6.9% from Rs 2,805 crore reported in Q1FY27.

The company's gross revenue, however, increased 6.4% YoY to Rs 91,716 crore in Q2FY27, compared with Rs 86,169 crore in the year-ago period. The growth came despite the absence of major festive occasions during the quarter, with the festive calendar shifting to the December quarter.

Reliance Retail said its gross revenue growth was 6.4% after adjusting for the demerger of its Consumer Brands business.

More to come...