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Reliance Retail Q3 revenue declines 9.7% to Rs 33,018 crore; profit surges

Yearly numbers are not comparable, RIL said, since the petro retail business, which makes up 40 per cent of the company's retail revenues, has been demerged

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Reliance Retail | Reliance Trends | Reliance Industries

Viveat Susan Pinto  |  Mumbai 



Reliance Industries, Reliance Retail
The company said that all stores were operational during the quarter, with the company adding 327 new stores in Q3

Reliance Retail, the retail arm of (RIL), reported a 9.7 per cent sequential decline in its revenue from operations which stood at Rs 33,018 crore in the December quarter (Q3), but profit surged on the back of strong operational performance, it said on Friday.

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First Published: Fri, January 22 2021. 21:51 IST

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