Quick-commerce burn drags Reliance Retail Q1 PAT down 14% to Rs 2,806 crore even as revenue climbs 7%
Reliance Retail posted Q1 FY27 revenue of Rs 90,408 crore (+7.4% YoY), but PAT slipped 14.2% to Rs 2,806 crore as quick-commerce spends squeezed EBITDA margin to 7.9% (-80bps). JioMart daily grocery orders jumped 116% YoY; the chain added 252 stores to reach 20,169 outlets across 78.4 million sq ft, with digital share up 160bps to 13.4%.
Reliance Retail Q1 FY27 revenue rose 7.4% to Rs 90,408 crore but PAT fell 14.2% to Rs 2,806 crore as quick-commerce cash burn squeezed margins. Opened 252 stores; JioMart daily orders up 116%.