Reliance Retail on Friday reported a 7.4% YoY rise in June quarter revenue to Rs 90,408 crore, while profit after tax fell 14.2% to Rs 2,806 crore due to higher spending and cash burn in its fast-growing quick commerce business.
The company's EBITDA margin moderated 80 bps to 7.9% due to the growing contribution of digital commerce in revenue and associated infrastructure investments increasing fixed costs.
