# Reliance Retail Q2 profit takes a hit on Qcomm push

- Source: Economic Times
- Published: 2026-10-31T04:24:27+00:00
- Category: Business
- Original: https://economictimes.indiatimes.com/markets/stocks/earnings/reliance-retail-q2-profit-takes-a-hit-on-qcomm-push/articleshow/135387788.cms
- Canonical: https://groundlevelnews.com/story/reliance-retail-q2-profit-takes-a-hit-on-qcomm-push-34cc1f/

Reliance Retail Ventures reported a significant drop in net profit, down 24.5% year-on-year to ₹2,619 crore in the last quarter. Despite this, revenue improved by 5.8% to ₹80,220 crore, largely driven by a surge in grocery sales. The company's profitability was affected by strategic investments and evolving festive season patterns, alongside rising finance costs stemming from increased borrowing a

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