At the AGM in 2024, Mukesh Ambani-controlled RIL guided for 2x growth in its business by 2030, with JIO and Retail envisaged to double over the next three-four years
Reliance Retail has increased its capital expenditure by 37.5 per cent to Rs 33,696 crore in FY2025-26, as the country's leading retailer is expanding its network and infrastructure, according to the latest annual report of Reliance Industries. However, segment liabilities of the retail business of Mukesh Ambani-led Reliance Industries were up 17.33 per cent to Rs 87,554 crore. Revenue (Value of Sales and Services) of Reliance Retail, which was operating nearly 20,000 stores, the largest footprint for any retailer in India, was up 7.85 per cent to Rs 3.3 lakh crore, helped by its consumption baskets in consumer electronics, grocery, fashion and lifestyle segments. Moreover, retail business EBITDA grew 8.6 per cent in FY26, benefitting from productivity gains through network optimisation and improved operating metrics, the annual report said. With this, Reliance Retail is ranked 40th in Deloitte's Global Powers of Retailing and the only Indian retailer in the Top 100, it said. "Ret
The move comes after Myntra launched its two-hour delivery service called M-Now in select areas of Bengaluru, Delhi-NCR, and Mumbai
The firm's revenue from operations stood at ₹73,720 crore, up 11.3% year-on-year, while its gross revenue also rose by 11.3% to ₹84,171 crore
Deal will enable Reliance Retail to significantly broaden offering in consumer durables sector, company says
Reliance Retail Ventures announces a strategic investment in UK-based FACEGYM, bringing the global facial fitness and skincare brand to India with plans to scale over five years
RIL said that the spin-off is aimed at attracting investors beyond those backing its retail unit
Amazon wins arbitration against Future Group at SIAC, but tribunal awards a fraction of claimed damages citing FRL's declining value and Covid-related business loss
Reliance Consumer Products will use the funding to add 10 to 12 new manufacturing facilities across India
Reliance Industries set to post 16 per cent EBITDA growth in FY26, with retail restructuring and telecom tariff hikes contributing to a stronger earnings profile
The new rule for upcoming retail stores is a big change from the earlier policy of Reliance Retail, which allowed up to two years to asses if a retail store could be profitable
Reliance Industries stock was trading at a 6-month high after the company reported better-than-expected Q4 earnings; the trading volumes at the counter jumped over 25 mn shares on the BSE and NSE.
The oil-to-telecom conglomerate posted a consolidated net profit of ₹19,407 crore for the quarter ended March, up nearly 2.4 per cent Y-o-Y
Country's leading retailer Realiance Retail, which saw 2.4x growth in the number of orders from its quick commerce/hyper local delivery in the March quarter, is significantly scaling it with plans to open dark stores to expand the coverage area. In the March quarter, Reliance Retail saw over 2.4 times growth in terms of the number of orders, which is a significant scale-up, said its CFO Dinesh Taluja during the earnings call earlier this week. "And we are seeing very strong traction with a 2.4x quarter-over-quarter growth in daily exit orders. And this number will scale up substantially in the coming year as well. We are also starting to proactively market this proposition, our proposition of no hidden charges, quick delivery, and no delivery fees continues to resonate very well with the customers," said Taluja. Reliance covers hyper-local deliveries, a sub-30-minute delivery, at 4,000 pin codes across the country through its network of existing stores, which has a much wider reach
Reliance Retail Venture Ltd (RRVL), the retail arm of billionaire Mukesh Ambani-led Reliance Industries, on Friday reported a 29.1 per cent increase in its net profit to Rs 3,545 crore in the March quarter of FY25, while its gross revenue went up 15.65 per cent to Rs 88,620 crore. Its gross revenue for the financial year ended March 2025 was up 7.85 per cent to Rs 3,30,870 crore and profit after tax was up 11.33 per cent to Rs 12,388 crore. The company had reported a gross income of Rs 76,627 crore and profit after tax of Rs 2,746 crore in the January-March quarter a year ago, according to the regulatory filing of Reliance Industries Ltd (RIL). Reliance Retail's revenue from operation in the latest March quarter was up 16.3 per cent to Rs 78,622 crore. It was at Rs 67,610 crore in the year-ago quarter. Moreover, digital commerce and new commerce contributed to 18 per cent of the total revenue of Reliance Retail in March quarter as it continued to scale these new-age channels. The
The company has announced a dividend of Rs 5.5 per equity share for FY25
Reliance Industries shares were trading at ₹1,300.10, down 0.12 per cent from the previous session's closing price of ₹1,301.60
Chinese authorities have stepped in to retain domestic manufacturing as the Trump administration looks to encourage business to shift the US
Campa and Independence brands cross the Rs 1,000 crore mark each
Reliance through its FMCG arm Reliance Consumer Products Ltd (RCPL) has entered into the sports hydration drink segment with the brand Spinner', co-created with Sri Lankan cricket icon Muttiah Muralitharan. Reliance, which has disrupted the Indian beverages market with aggressive pricing of its Campa Cola, is offering Spinner at a price of Rs 10 for a 150 ml single-serve bottle. This is relatively lower than other rival sports drinks available in the market such as Pepsico's Gatorade and Coca-Cola's Powerade which are available at Rs 50 for 500 ml. Decathlon's sports drink Aptonia costs Rs 99 for a 400 ml bottle, though it is available at Rs 69 on the portal. Last month, RCPL launched RasKik Gluco Energy, entering into the energy drink segment. Reliance, which entered the beverages market with the acquisition of Campa in 2023, has now over 10 per cent market share in the sparkling beverage category in select states, the company stated in its latest quarterly report. These launche