Reliance Retail revenue up 12% YoY but core EBITDA slips 2% as Q1FY27 margins compress
Within RIL's record Q1 (revenue >₹3 lakh crore, net income ₹209bn) driven by O2C and Jio, Reliance Retail posted softer profitability—revenue growth outpaced core EBITDA, which fell YoY, even as Citi lifted its target price to ₹1,690.
Reliance Industries' Q1FY27 results show record revenue with soft retail segment performance (+12% revenue, -2% core EBITDA YoY), while O2C and Jio drove overall growth; Citi raises target to ₹1,690.