Reliance Retail Ebitda Falls 9% QoQ to Rs 6,309 Crore — Worst Sequential Drop in 20 Quarters
RIL's Q1 consolidated net profit rose 23% QoQ to Rs 20,946 crore on O2C and oil & gas strength, but retail was the clear drag. Segment Ebitda fell 9% to Rs 6,309 crore and net profit slid 8% to Rs 3,271 crore, with revenue down 8% QoQ — the retail arm's steepest sequential decline in five years.
Reliance Industries' Q1 net profit rose 23% QoQ to Rs 20,946 crore, driven by O2C and oil & gas. Retail was the drag, with segment Ebitda down 9% to Rs 6,309 crore — its worst sequential decline in 20 quarters.