India, July 18 -- Quick commerce expansion loomed heavily over Reliance Retail Ventures Ltd. (RRVL) as the retail giant's EBITDA margin declined 80 basis points to 7.9% in Q1 FY27 as against 8.7% in the year ago quarter. Sequentially, the metric stayed flat at 7.9% in Q4 FY26.

Reliance Retail attributed the EBITDA hit to associated infrastructure investments in its hyperlocal commerce businesses, which increased fixed cost. Unlike rivals like Blinkit, Instamart and Zepto that deliver within 10 minutes, JioMart's take on quick commerce is hyperlocal orders delivered under 30 minutes.

On similar lines, EBITDA declined 1.1% to Rs.6,309 Cr in the quarter under review as against Rs.6,381 Cr in Q1 FY26.

As a result, RRVL's net profit decline...