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Reliance Retail's Q1 profit drops 14% YoY but revenue rises 8%
Reliance Retail Ventures reported a fourteen percent profit decline last quarter. Revenue from operations grew eight point two percent year-on-year. Investments in e-commerce and digital infrastructure pressured operating margins. The company aims to double operating Ebitda over three years. Reliance Retail expanded its store network to over twenty thousand locations.
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economictimes.indiatimes.com
RIL Q1 preview: Will strong O2C performance drive overall earnings growth?
Reliance Industries is expected to post a steady June-quarter (Q1) performance, with brokerages projecting consolidated EBITDA growth of 4–10% year-on-year. The recovery is…
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RIL Q1 Results: Profit falls 22% YoY to Rs 20,946 crore due to one-time exceptional item
RIL Q1 Results: Mukesh Ambani-led Reliance Industries Ltd (RIL) on Friday reported a 22% year-on-year (YoY) decline in its consolidated net profit at Rs 20,946 crore for the first…
