Mumbai/Bengaluru, Oct. 30 -- Reliance Retail Ltd's net profit fell 24.3% year-on-year to Rs.2,611 crore in the September quarter, as higher costs and a shift in the festive calendar weighed on margins. Revenue from operations, however, rose 5.8% to Rs.80,220 crore, according to an exchange filing.

On a sequential basis, net profit declined 6.9% from Rs.2,805 crore in the June quarter. The figures are adjusted for the restructuring and demerger of the fast-moving consumer goods (FMCG) and consumer brands business in December 2025. Reliance Retail operates across grocery, consumer electronics, fashion and lifestyle and online commerce.

"Reliance Retail had a steady quarter, with growth sustained across all formats and channels," Mukesh D....