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Reliance Retail Q1 results: Net profit flat at Rs 2,453 cr, revenue up 6.6%

Business Standard LogoBusiness Standard4h ago

Reliance Retail Q1 results: Net profit flat at Rs 2,453 cr, revenue up 6.6% - Business Standard

Quick Summary:

Also, its AJIO Luxe delivered robust growth with options count increasing by 39 per cent Y-o-Y and brand portfolio crossing 700 brands.

The steady expansion and growth of our retail business not only signify our commitment to customer centricity but also mirror the resilience and vitality of the Indian growth narrative.

These initiatives will help the company sustain growth momentum in the near and medium term.“Reliance Retail delivered resilient performance during the period and strengthened its position as India's foremost retailer.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-19 @ 20:41:14 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 855 words

Reading Time: 5 minutes read

Sentences: 33 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21685083

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 272 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 4 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #49

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