Reliance Retail Revenue Slips to 20-Quarter Low Even as RIL Posts Profit Beat

RIL's Q1 FY27 net profit rose 23% QoQ to Rs 20,946 crore on strong O2C and oil & gas margins, but Reliance Retail revenue fell 8% QoQ to Rs 90,409 crore and EBITDA dropped 9%, prompting brokerages including JPMorgan to flag persistent retail softness despite the overall beat.

— Filed Mon, 20 Jul, 2026, 08:21 IST · Source NDTV Profit · Updated

RIL's Q1 FY27 profit beat estimates on strong O2C and oil & gas margins, but retail revenue fell 8% QoQ to a 20-quarter low, brokerages flag continued retail weakness.