Reliance Retail Ventures Limited (RRVL) today reported its earnings for the first quarter of the financial year 2026-27. Reliance Industries’ retail business reported a 14.2 per cent year-on-year decline in its profit after tax at Rs 2,806 crore in the April-June quarter of FY27, primarily due to increasing spending and cash burn in the fast-growing quick commerce business segment. PAT stood at Rs 3,271 crore in the same quarter of the previous financial year
The retail business posted a growth of 8.2 per cent YoY growth in its revenue from operations in the reported quarter to stand Rs 79,745 crore from Rs 73,720 crore posted in the same quarter of the preceeding year.
Quarterly Performance (1Q FY27 vs 1Q FY26)
- Business registered gross revenue of ₹ 90,408 crore, up 7.4% Y-o-Y. Gross revenue was up 11.6% Yo-Y (adjusted for demerger of Consumer Brands business) with double digit underlying growth across Grocery, Fashion & Lifestyle and Consumer Electronics consumption baskets.
- EBITDA from Operations was at ₹ 5,935 crore, down 1.8% Y-o-Y. EBITDA margin from Operations at 7.4%.
- EBITDA at ₹ 6,309 crore, down 1.1% Y-o-Y. EBITDA margin at 7.9%. Margin moderation of 80 bps reflects growing contribution of Digital Commerce in revenue and associated infrastructure investments increasing fixed cost.
Quarterly Performance (Q1 FY27 vs Q1 FY26)
- 252 stores opened during the quarter taking the total store count to 20,169 and area at 78.4 million sq.ft.
- The registered customer base grew to 396 million (+10.6% Y-o-Y), making Reliance Retail one of the most preferred retailers in the country.
- Grocery Digital commerce continued to scale rapidly with average daily orders up 116% Y-o-Y.
- Business witnessed 8.5% Y-o-Y growth in unique customers served across retail formats.
- 568 million transactions recorded during the quarter, up 46.0% Y-o-Y, reflecting strong and growing customer engagement.
