Reliance Retail Q2 Profit Falls 24.5% as Revenue Rises 6.4%
Reliance Retail reported September-quarter profit after tax of Rs.2,619 crore, down from Rs.3,469 crore a year earlier. Gross revenue rose.
New Delhi, Oct. 30 -- Reliance Retail, the arm of billionaire Mukesh Ambani-led Reliance Industries, on Friday reported a 24.5 per cent decline in profit after tax to Rs.2,619 crore in the September quarter.Its PAT was Rs.3,469 crore in the year-ago period.Its gross revenue rose 6.43 per cent to Rs…