Reliance Q2 LIVE: Profit up 41%, ‘Jio Platforms is now India’s second largest company,’ says Mukesh Ambani – Industry News

Reliance Retail Ventures (RRVL) reported a 6.4% year-on-year increase in revenue to Rs 91,716 crore, with performance impacted by the shift in the festive calendar to Q3.

RRVL EBITDA decreased 8.6% Y-o-Y to Rs 6,228 crore, with margin at 7.8%, down 120 bps Y-oY, reflecting planned investment phase in Digital Commerce, input-cost inflation absorbed for customers, and the festive shift to Q3.