Reliance Retail: A Decade of Expanding Horizons
Reliance Retail Venture Ltd (RRVL) has reported significant growth in FY26, surpassing Rs 3.70 lakh crore in revenue and expanding to over 20,000 stores in 20 years. The company's efforts in hyper-local commerce, consumer electronics, and an expanding footprint are central to its evolving success story.
- Country:
- India
Reliance Retail Venture Ltd, the retail division of the Mukesh Ambani-led Reliance Industries, has recorded an 11.83% increase in gross revenue for FY26, reaching an impressive Rs 3.70 lakh crore. The company crossed the milestone of 20,000 retail outlets in its 20th operational year, signaling robust growth.
The fiscal year also saw Reliance Retail's profit after tax rise by 11.73%, reaching Rs 13,842 crore, driven by extensive growth across various consumer segments and a rapid expansion in hyper-local commerce, as detailed in a statement by Reliance Industries Ltd.
In the March quarter, Reliance Retail's profit post-tax was up slightly by 0.5% to Rs 3,563 crore with gross revenue climbing by 10.84% to Rs 98,232 crore. Under the leadership of Mukesh Ambani, Reliance Retail continues its expansion, evidenced by the addition of over 1,564 stores in FY26, now boasting a total store count of 20,160 covering 78.3 million sq ft of retail space.
(With inputs from agencies.)
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