The SEBI, in its letter of approval, listed a number of conditions in accordance to the Composite Scheme of Arrangement. The regulatory body has also referred to the apprehensions raised by Amazon.
Reliance Retail Q3 profit surges 88% to Rs 1,830 crore; generates 50,000 new jobs
Reliance Retail Q3 results: The company supported job creation in the economy during the coronavirus crisis and generated over 50,000 new jobs during April-December 2020 in consumer businesses and last mile delivery
Chitranjan Kumar | January 22, 2021 | Updated 21:52 IST
Reliance Retail reported 88.1 per cent quarter-on-quarter growth in consolidated net profit at Rs 1,830 crore in Q3 FY21
Reliance Retail, the retail arm of Mukesh Ambani-led Reliance Industries Limited (RIL), has delivered a record profit in an operating environment that continued to remain challenging with sporadic COVID related restrictions and local issues. The retail major reported 88.1 per cent quarter-on-quarter growth in consolidated net profit at Rs 1,830 crore for third quarter ended December 31, 2020. The company added over 50,000 new jobs during April-December period.
Reliance Retail Q3 profit surges 88% to Rs 1,830 crore; generates 50,000 new jobs
Reliance Retail Q3 results: The company supported job creation in the economy during the coronavirus crisis and generated over 50,000 new jobs during April-December 2020 in consumer businesses and last mile delivery
Chitranjan Kumar | January 22, 2021 | Updated 21:52 IST
Reliance Retail reported 88.1 per cent quarter-on-quarter growth in consolidated net profit at Rs 1,830 crore in Q3 FY21
Reliance Retail, the retail arm of Mukesh Ambani-led Reliance Industries Limited (RIL), has delivered a record profit in an operating environment that continued to remain challenging with sporadic COVID related restrictions and local issues. The retail major reported 88.1 per cent quarter-on-quarter growth in consolidated net profit at Rs 1,830 crore for third quarter ended December 31, 2020. The company added over 50,000 new jobs during April-December period.
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