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Reliance Retail pre-tax profit rises 11.8% at Rs 3,102 crore in Q3

The retail arm of Reliance Industries had posted a pre-tax profit or EBITDA (earnings before interest, tax, depreciation and amortisation) of Rs 2,736 crore in October-December quarter a year ago

Reliance Retail
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However, revenue from the organised retail segment slipped 22.94 per cent to Rs 36,887 crore in the December 2020 quarter, compared to Rs 45,348 crore in the same period last fiscal

Press Trust of India New Delhi
Reliance Retail on Friday reported an 11.80per cent rise in its pre-tax profit to Rs 3,102 crore for the third quarter ended December 2020.
The retail arm of Reliance Industries Ltd (RIL) had posted a pre-tax profit or EBITDA (earnings before interest, tax, depreciation and amortisation) of Rs 2,736 crore in October-December quarter a year ago.
However, revenue from the organised retail segment slipped 22.94 per cent to Rs 36,887 crore in the December 2020 quarter, compared to Rs 45,348 crore in the same period last fiscal.
"The business delivered a healthy performance with record profit delivery in an operating environment that continued

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