Reliance Retail Q4 Results: Revenue Drops 1.2% Sequentially
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3 Articles
Reliance Jio Rebrands Broadband Business to JioHome
Reliance Jio, India’s largest telecom operator, has rebranded its broadband business. Under the rebrand, no new services have launched. The company has simply changed the term broadband in its business to JioHome. Under JioHome, Reliance Jio aims to target high paying customers living throughout India. Reliance Jio is already the largest home broadband services player in the country. With the JioHome services, the company is looking to scale its…
Reliance Retail Q4 Results: Revenue Drops 1.2% Sequentially
Reliance Retail Ventures Ltd.’s fourth quarter net profit rose marginally, but revenue fell due to a high base and festive sales in the previous quarter.Net profit of India's biggest retailer increased 2.5% over the previous year to Rs 3,545 crore in the quarter-ended March, according to an exchange filing by its parent company, Reliance Industries Ltd.Reliance Industries Q4 Results: Profit Up 4.7%, Margin Contracts, Ebitda FlatReliance Retail Q…
Reliance Retail Q4: Digital & New Commerce Business Account For 18% Of Revenue
It was business as usual as digital and new commerce businesses continued to account for 18% of Reliance Retail’s total revenue in the fourth quarter (Q4) of the financial year 2024-25 (FY25). Overall, Reliance Retail’s operating revenue jumped 16.3% to INR 78,622 Cr during the quarter under review from INR 67,610 Cr in the year-ago period. Its net profit rose 29.1% to INR 3,545 Cr in Q4 FY25 from INR 2,746 Cr in Q4 FY24. On a sequential basis…
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