Reliance Retail has unveiled impressive financial results for the January-March quarter of the fiscal year 2024-25, showcasing a remarkable 29.1% increase in consolidated net profit, reaching ₹3,545 crore compared to ₹2,746 crore in the same period last year. The company’s gross revenue for the fiscal year ending March 2025 surged by 7.85%, totaling ₹3,30,870 crore, with profit after tax also climbing 11.33% to ₹12,388 crore.

Strong Performance in Q4FY25

In the latest quarter, Reliance Retail reported a 16.3% rise in operational revenue, hitting ₹78,622 crore, up from ₹67,610 crore a year prior. This growth is attributed to the soaring contributions from digital commerce, which accounted for 18% of total revenue, reflecting the company’s commitment to modern retail strategies.

• EBITDA Growth: The pre-tax profit, also known as EBITDA, rose by 14.3%, reaching ₹6,711 crore.
• New Store Openings: During FY25, Reliance Retail expanded its reach by opening 2,659 new stores, bringing its total store count to 19,340, covering 77.4 million sq ft as of March 31.

Strategic Insights from Leadership

Mukesh Ambani, Chairman and Managing Director of Reliance Industries Ltd, highlighted the company’s strategic approach to retail growth. He stated, “The retail segment consistently delivered strong performance, with a focus on optimizing our store network for better operational efficiency and long-term sustainability.” He emphasized the importance of an enhanced product catalog and improved customer engagement through initiatives like hyperlocal deliveries.

Expanding Customer Base and Transactions

In FY25, Reliance Retail’s customer base expanded to 349 million, marking a 14.8% year-on-year growth. The total transactions reached 1.39 billion, reflecting a 10.6% increase annually. In just the March quarter, 1,085 new stores were opened, leading to 361 million transactions, which represented a notable 16.1% rise compared to the previous year.

Segment Highlights

• Consumer Electronics: The consumer electronics division thrived with a 26% year-on-year increase in average bill value, buoyed by early summer sales of air-conditioners and the successful ‘Digital Chill Fest.’
• Fashion and Lifestyle: This segment benefitted from seasonal demand, with Reliance’s owned brands achieving 9% growth. AJIO, the online fashion platform, added 1.9 million new customers and expanded its product offerings to 2.4 million, a 44% year-on-year increase.
• Grocery and Cash & Carry: Reliance’s grocery brands, FreshPik and GoFresh, saw significant growth, while the cash & carry division, Metro, experienced a 37% rise in sales, driven by increased demand for staples and beverages.

Conclusion

Isha Ambani, Executive Director of Reliance Retail Ventures Limited, stated, “Our robust revenue and profit growth stem from enhanced efficiencies and innovative retail formats. We are dedicated to shaping the future of retail with agility and vision.” The company’s performance not only highlights its operational success but also its commitment to evolving alongside consumer needs and market trends.

As Reliance Retail continues to expand its footprint and innovate, it remains a key player in transforming the retail landscape in India.