Reliance Retail Q2 revenue drops 3.5% to ₹66,502 cr
Reliance Retail's profit after tax rose 1.3% year-on-year to ₹2,836 crore during the second quarter.
Reliance Retail's profit after tax rose 1.3% year-on-year to ₹2,836 crore during the second quarter.
RIL's revenue from operations stood flat, rising just 0.2% year-on-year to ₹2.35 lakh crore during the quarter.
RIL is first Indian company to cross ₹1 lakh crore in pre-tax profits as Jio, Reliance Retail emerge industry leaders.
Reliance’s new energy business to match O2C’s profitability in the next 5-7 years, adding over 50% to the consolidated PAT of the Group.
Just Dial shares touched a 52-week high of ₹1,218.95 today, rebounding 75% from its 52-week low of ₹694.80 hit on September 22, 2023.
The partnership will bring ASOS's range of brand labels to India through retail formats like exclusive brand stores, multi-brand outlets, and digital platforms.
The company focuses on value-added products such as curd, paneer, cheese and cold coffee to cash in on a growing industry.
RIL's petroleum business posted a net profit of ₹9,924 crore in the December quarter, while the consumer businesses together registered a profit of ₹8,610 crore.
The largecap stock gained 8.5% to hit a 52-week high of ₹945.80 intraday on Monday after it posted stellar earnings in the December quarter
Agile and proactive regional brands are giving large FMCG companies stiff competition.