 "Reliance Retail")
Reliance Industries on Friday reported a 10.5 per cent rise in its retail arm's sales to Rs 45,450 crore for the quarter ended September against Rs 41,124 crore posted in the year-ago period.
The net profit for the quarter of Reliance Retail was Rs 1,695 crore — higher by 74.2 per cent year-on-year. Sales in the September quarter when compared to June quarter was up 17.9 per cent.
The company’s EBITDA (earnings before interest, tax, depreciation, and amortisation) from retail operations was up 44 per cent to Rs 2,913 crore in the quarter under review.
In a statement, the company said its retail
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