18 July 2016
Reliance Retail, one of India’s largest retailers, has reported a strong set of results for the first quarter in FY2016-2016.
Robust growth in revenue and profit
The revenues of Reliance Retail, including petroleum sales, have increased 45.8% to INR66.7bn (US$0.9bn) in Q1, compared to INR 45.7bn (US$0.68bn) in the same quarter last year. Meanwhile, its pre-tax profit has seen an uplift...