RIL Q2 result: Reliance Retail net profit soars 22% YoY to ₹3,457 crore; fashion & lifestyle segment grows 22%

It had clocked a profit of ₹2,836 crore in the corresponding period of the previous financial year, it said in a regulatory filing.

The company’s revenue from operations advanced as much as 19% YoY to ₹79,128 crore during the quarter under review, compared to ₹66,502 crore in the September quarter of FY25.

At an operational level, Reliance Industries' retail arm's EBITDA (earnings before interest, tax, depreciation, and amortisation), also known as operating profit, stood at ₹6,816 crore for Q2FY26. It clocked a 16.5% YoY increase from ₹5,850 crore in the corresponding quarter of FY25.

Consequently, its EBITDA margin expanded by 20 basis points (bps) YoY to 8.8% during the September quarter of the current fiscal year, compared to 8.6% in the second quarter of FY25.

Commenting on the earnings, Isha M. Ambani, Executive Director, Reliance Retail Ventures Limited, said: “Reliance Retail delivered strong performance during the quarter, led by our relentless focus on operational excellence, investments in stores and digital platforms, and festive buying across consumption baskets. GST rate changes will further accelerate consumption growth as consumers get the benefit of lower prices. Our success is a testament to our deep understanding of the consumer. We consistently innovate, from curating new collections to creating campaigns that connect with today's Indian consumer, and our focus remains on building brands that inspire and resonate across India".

During the quarter, the company expanded its store network with 412 new store openings, taking the total store count to 19,821, with area under operation at 77.8 million sq. ft. Furthermore, its registered customer base grew to 369 million.

The Isha-Ambani helmed firm’s gross revenue grew 18% YoY to ₹90,018 crore in Q2FY26, as against ₹76,302 crore in the year-ago period.

Its grocery and fashion & lifestyle businesses grew 23% and 22% YoY, respectively, driven by festive buying.

The firm said that JioMart continued to expand quick hyper-local deliveries, registering 42% QoQ growth and more than 200% YoY growth in average daily orders. Additionally, the platform achieved a significant surge in customer acquisition, adding 5.8 million new customers, marking a 120% QoQ jump. Its seller base expanded by 20% YoY.

The JioMart digital business maintained a strong performance, which was led by an uptick in mobile phones and TVs, it added.

Under the fashion and retail segment, AJIO delivered steady growth, led by a wider assortment, promotions, and festive buying. It expanded its catalogue to over 2.7 million options, marking a 35% YoY jump, and launched several new brands on its platform.

RRVL said that Shein surpassed 6 million app installs, reached 11.4 million Monthly Active Users (MAU), while its portfolio expanded to more than 25,000 options in the quarter ended September 2025.

It added that the premium brands business signed exclusive partnerships with the British designer brand Stella McCartney.

“Sephora exclusively launched Fenty Beauty in India and continued to expand its presence across new Tier 1 markets,” the company said.

Its jewels business clocked a 52% YoY increase in its average bill value, delivering a steady performance, amidst volatile gold prices.

The consumer electronics segment witnessed a strong category performance, with laptops growing 37%, mobiles by 22% and appliances by 10% YoY.