New Delhi, Oct. 30 -- Reliance Retail, the arm of billionaire Mukesh Ambani-led Reliance Industries, on Friday reported a 24.5 per cent decline in profit after tax to Rs.2,619 crore in the September quarter.

Its PAT was Rs.3,469 crore in the year-ago period.

Its gross revenue rose 6.43 per cent to Rs.91,716 crore from Rs.86,169 crore a year earlier as the festive period shifted to the December quarter.

Revenue from operations of Reliance Retail Venture Ltd (RRVL) increased 5.78 per cent to Rs.80,220 crore in the September quarter of FY27. It was Rs.75,836 crore in the corresponding period of the last fiscal year.

"The business performance was impacted by the shift in the festive calendar to Q3," said Reliance Industries in its earning...