Reliance Retail sees profits after tax increase

Reliance Industries Limited saw its consolidated revenue marginally increase in the second quarter of the 2025 financial year. Although Reliance Retail’s gross revenue slightly declined, its profits after tax increased year on year.

“I am happy to note that during this quarter Reliance once again demonstrated the resilience of its diversified business portfolio,” said Reliance Industries Limited’s chairman and managing director Mukesh D Ambani in a press release. “Our performance reflects robust growth in digital services and upstream business. This helped partially offset weak contribution from O2C business which was impacted by unfavourable global demand-supply dynamics.”
 
Reliance Retail Ventures Limited saw its gross revenue decline by 1.1% year on year from Rs 77,148 crore in the second quarter of the 2034 financial year to Rs 76,302 crore in the second quarter of the current fiscal. The business’ revenue from operations was down by 3.5% but its EBITDA from operations was up by 1% and its EBITDA margin was up by 30 basis points.
 
Reliance Retail’s profits after tax increased by 1.3% in the second quarter of the 2025 financial year to total Rs 2,836 crore compared to Rs 2,800 crore in the same quarter a year prior. The business’ profits after tax and share of profit reached Rs 2,935 crore, representing a 5.2% increase compared to its total of Rs 2,790 crore during the second quarter of the 2024 financial year.
 
“The retail segment continues to increase its consumer touch points and product offerings across physical and digital channels,” said Ambani. “The unique omni-channel retail model enables the business to service a wide range of requirements of a vast, heterogenous customer base. The retail business continues to partner with renowned domestic as well as global players, expanding its basket of quality product offerings. The focus on strengthening our retail operations will help us rapidly scale-up this business in the coming quarters and years and sustain our industry-leading growth momentum.”