Reliance Retail Ventures reported a fourteen percent profit decline last quarter. Revenue from operations grew eight point two percent year-on-year. Investments in e-commerce and digital infrastructure pressured operating margins. The company aims to double operating Ebitda over three years. Reliance Retail expanded its store network to over twenty thousand locations.
Reliance Retail Ventures reported a fourteen percent profit decline last quarter. Revenue from operations grew eight point two percent year-on-year. Investments in e-commerce and digital infrastructure pressured operating margins. The company aims to double operating Ebitda over three years. Reliance Retail expanded its store network to over twenty thousand locations.
<iframe src="https://hindustansphere.com/embed/cluster/c190b8cf144d8524ef398b05759eb7f18f8528b2" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Reliance Retail's Q1 profit drops 14% YoY but revenue rises 8%"></iframe>
