Reliance Retail Q2 profit up 17% to Rs 3,439 cr
Reliance Retail’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) from operations increased by 16.7 per cent to Rs 6,624 crore.
Reliance Retail’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) from operations increased by 16.7 per cent to Rs 6,624 crore.
Reliance Retail Ventures Limited (RRVL) delivered steady performance during Q1 FY25 with revenue of Rs 75,615 crore, up 8.1 per cent year-on-year.
Reliance Retail Ventures Limited (RRVL) announced on Wednesday that Qatar Investment Authority (QIA), through a wholly-owned subsidiary, will invest Rs…
The investment valued Reliance Retail, which runs grocery stores and fashion chains, at a pre-money equity value of Rs 4.21 lakh crore.
After hitting day’s high of Rs 2,309, company’s shares were trading up by 79.45 or 3.59 per cent at Rs 2,289.80 in the afternoon.
GIC will be the fifth investor in Reliance Retail Ventures Ltd (RRVL), a subsidiary of Reliance Industries.
Other investors in Jio Platforms include Facebook, Google, Silver Lake, private equity groups Vista and General Atlantic and Abu Dhabi's sovereign wealth fund Mubadala.
