Mumbai/Bengaluru, July 17 -- Reliance Retail, the retail arm of Reliance Industries Ltd, on Friday reported a net profit of Rs.2,805 crore for the April-June quarter (Q1FY27), down 14.1% year-on-year, according to an exchange filing. Revenue rose 7.4% year-on-year to Rs.90,408 crore in the quarter.

Reliance Retail operates across grocery, consumer electronics, fashion, lifestyle, and online commerce.

"The number of transactions is growing much faster than revenue, and that's a function of the growing contribution of digital commerce in overall revenues," said Dinesh Taluja, chief financial officer of Reliance Retail, in the investor call.

Ebitda, or earnings before interest, taxes, depreciation and amortization, stood at Rs. 6,309 cror...