Reliance Retail Q2 results: Net profit falls 24% to ₹2,611 crore; revenue rises 6%
Company highlights macroeconomic trends hurting demand like rising inflation, weak rupee and monsoon deficit
Company highlights macroeconomic trends hurting demand like rising inflation, weak rupee and monsoon deficit
Revenue from operations of Reliance Retail Venture Ltd (RRVL) increased 5.78 per cent to ₹80,220 crore in the September quarter of FY27. It was ₹75,836 crore in the corresponding period of the last fiscal year.
India’s most valuable company reported a profit of ₹25,548 crore, up 40% from the year-earlier period and nearly a fifth above market expectations.
The company, which operates the world's largest refining complex in western India, has benefited from Brent crude rising about 60% since the Iran war broke out at the end of February. Oil-to-chemicals accounts for more than half of...
Jio Platforms’ listing adds a new stock for mutual funds to consider. Experts explain how holding Jio alongside Reliance Industries could create group-level overlap, while pairing it with Bharti Airtel could increase telecom sector...
Ambani-owned Reliance's profit jumps 41% on refining, Jio strength Reuters RIL Q2 profit jumps 41% to ₹25,548 crore on O2C, Jio strength The Hindu Q2 Results Today Highlights: GAIL, IOC, Sun Pharma, Aditya Birla, BOB, Aether, Smartworks...
The decision came after both sides informed the bench led by Chief Justice of India Surya Kant that there had been no progress in settlement efforts.
Reliance Jio, Bharti Airtel and Vodafone Idea have sought higher-power outdoor transmissions to expand broadband reach, but concerns over satellite interference remain unresolved.
Friedrich Merz, who is visiting Seoul, said North Korea is putting Europe's security at risk by sending soldiers to fight for Russia in Ukraine. Chancellor Friedrich Merz's comments come at the end of his multi-day tour. Covered by 3...
Two German leaders, two parallel missions across Asia. While President Frank-Walter Steinmeier sought to reinforce ties with China in Beijing, Chancellor Friedrich Merz toured Japan, South Korea and Singapore,...
China and the European Union can resolve their differences through dialogue, Chinese President Xi Jinping told his German counterpart Frank-Walter Steinmeier on Friday. “China has always regarded the European Union...