Reliance Retail Q1 revenue grows 7% to ₹90,409 crore

Reliance Industries Ltdreported its results for the quarter ended June 2026 on Friday, July 17. Reliance Retail, the conglomerate's retail business, reported revenue of ₹90,409 crore for the quarter, up 7.4% from ₹84,172 crore in the year-ago period. Analysts had estimated revenue between ₹92,500 crore and ₹93,000 crore.

The retail business reported earnings before interest, taxes, depreciation and amortisation (EBITDA) of ₹6,309 crore, down 1.1% from ₹6,381 crore in the year-ago period. Analysts had estimated EBITDA between ₹6,700 crore and ₹6,800 crore. The EBITDA margin for the June quarter came in at 7%, compared with 7.6% in the year-ago period, a contraction of 60 basis points.

On a sequential basis, Reliance Retail's revenue declined 8.2% from ₹98,457 crore reported in the March quarter, while EBITDA fell 8.8% from ₹6,921 crore. The EBITDA margin remained unchanged at 7% quarter-on-quarter.

In the March quarter, Reliance Retail had reported revenue of ₹98,457 crore and EBITDA of ₹6,921 crore, with an EBITDA margin of 7%. During the quarter, the company added 333 stores, taking its total store count to 20,160 and its retail footprint to 78.3 million square feet. Reliance Retail had said its registered customer base grew to 387 million, while total transactions increased to 1.93 billion.

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