S
Short2News
Get app
Reliance Retail Q2 Profit Slips 6.6% to Rs 2,619 Crore Business

Reliance Retail Q2 Profit Slips 6.6% to Rs 2,619 Crore

Short2News· 1h ago ·👁 1 reads

Reliance Retail reported a 6.6 percent decline in its second-quarter net profit, dropping to Rs 2,619 crore alongside contracting profit margins. Meanwhile, revenue from operations saw a marginal one percent increase, reaching Rs 91,717 crore for the quarter ended September 30. This financial update highlights a sluggish growth phase for India's largest retailer amid mounting market pressures.

Read news like this in 60 seconds

Short2News gives you the day's news as fast 60-word cards, in your own language.

More Top Stories

AI Puts 15 Million US Jobs At Risk, Warns Goldman Sachs AI Puts 15 Million US Jobs At Risk, Warns Goldman Sachs Intel Shares Plunge Toward Worst Day Since 1974 Intel Shares Plunge Toward Worst Day Since 1974 Jio Platforms Q2 Net Profit Rises 8% To Rs 8,389 Crore Jio Platforms Q2 Net Profit Rises 8% To Rs 8,389 Crore Scotland's iconic AirShip 002 holiday retreat listed for £750,000 Scotland's iconic AirShip 002 holiday retreat listed for £750,000 India Launches Rs 99,446 Crore Plan to Boost Formal Employment India Launches Rs 99,446 Crore Plan to Boost Formal Employment Why Indian Salaried Families Feel Poorer Despite 9% Pay Hikes Why Indian Salaried Families Feel Poorer Despite 9% Pay Hikes

Open in Short2NewsFree · Telugu, Hindi & more

Open