New Delhi, Oct. 17 -- Reliance Retail Ventures Ltd, Reliance Industries Ltd's retail arm, on Friday reported a consolidated profit of Rs.3,457 crore for the September quarter, up 22% from a year ago.
Revenue from operations grew 19% year-on-year to Rs.79,128 crore.
The retailer's Ebitda rose 16.5% year-on-year to Rs.6,816 crore, while Ebitda margin fell by 20 basis points to 8.6%. Ebitda is earnings before interest, taxes, depreciation, and amortization and is a measure of core operations.
Reliance Retail operates across categories such as grocery, consumer electronics, fashion and lifestyle, and online commerce.
Isha M. Ambani, executive director, Reliance Retail Ventures, on Friday said the business delivered strong performance duri...
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