Reliance Retail Q2 Results: Revenue up 6%, but late festive season, digital spends hit profit

What happened: Reliance Retail reported a 24% year-on-year fall in net profit to Rs 2,611 crore for Q2FY27, while gross revenue rose 6.4% to Rs 91,716 crore. Key numbers: Net profit Rs 2,611 crore, down 24% YoY. Gross revenue Rs 91,716 crore, up 6.4% from Rs 86,169 crore a year earlier. Why it matters: Revenue growth came despite the absence of major festive occasions in the quarter, as the festive calendar shifted to the December quarter. Coverage: 3 outlets in 24h

Reliance Retail reported a 24% year-on-year fall in net profit to Rs 2,611 crore for Q2FY27, while gross revenue rose 6.4% to Rs 91,716 crore.

Revenue growth came despite the absence of major festive occasions in the quarter, as the festive calendar shifted to the December quarter.