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Reliance Retail Q2 Results: Reliance Retail’s net profit for Q2FY24 increased by 21 per cent to Rs 2,790 crore against Rs 2,305 crore in FY23. The company also witnessed a decent increase in its EBITDA margin for the quarter from 7.6 per cent last year to 8.4 per cent driven by operating leverage and focus on cost management. ....
The business, spanning consumer electronics, grocery and fashion & lifestyle saw its gross revenue in FY23 grow 30% to a whopping Rs 2.6 lakh crore ....