Mumbai, India — April 25, 2026
Reliance Retail Ventures Limited (RRVL), the retail arm of Reliance Industries Limited led by Mukesh Ambani, reported steady growth in its March quarter results, driven by strong consumer demand and rapid expansion in hyper-local commerce.
Q4 Profit and Revenue Performance
The company posted a 0.5% year-on-year increase in net profit, reaching ₹3,563 crore for the March quarter.
Gross revenue for the quarter rose 10.84% to ₹98,232 crore, reflecting continued momentum across consumption categories.
Revenue from operations stood at ₹87,344 crore, also up 10.84% compared to the same period last year. Meanwhile, EBITDA (earnings before interest, taxes, depreciation, and amortization) increased 3.1% to ₹6,921 crore.
Full-Year FY2025–26 Highlights
For the full financial year 2025–26, Reliance Retail reported:
- Gross revenue: ₹3.70 lakh crore (up 11.83%)
- Net profit: ₹13,842 crore (up 11.73%)
The company attributed this growth to expansion across product categories and the rapid scaling of hyper-local delivery services.
Store Expansion and Customer Growth
Reliance Retail continued its aggressive expansion strategy during the quarter:
- 333 new stores added in Q4
- Total store count: 20,160
The company’s registered customer base grew 10.9% year-on-year to 387 million (38.7 crore).
Total transactions surged 38.8% to 1.93 billion, highlighting strong consumer engagement.
Hyper-local commerce also saw significant traction, with daily orders increasing 29% sequentially and nearly threefold annually.
Ambani on Growth Strategy
Mukesh Ambani emphasized the company’s resilience amid global uncertainties, including geopolitical tensions, fluctuating energy prices, and shifting trade dynamics.
He noted that Reliance’s diversified business portfolio and strong domestic focus helped maintain stability and growth.
“Our omnichannel presence and deep understanding of the Indian consumer will continue to drive sustained growth,” Ambani said.
Jio’s Digital Expansion and AI Push
Ambani also highlighted progress toward the potential listing of Jio Platforms, calling it a significant milestone for India’s digital ecosystem.
Akash Ambani said Reliance Jio Infocomm now serves over 524 million subscribers, positioning it as a gateway to India’s “intelligence era.”
He added that Jio’s advanced connectivity and edge computing infrastructure will play a key role in delivering AI-driven services to consumers, homes, and businesses.
Outlook
Reliance Retail’s strong financial performance underscores its leadership in India’s rapidly evolving retail sector. Analysts expect continued growth, supported by digital integration, expanding store networks, and increasing consumer demand.
