Reliance Retail Reports Impressive Q4 Financial Performance

Reliance Retail Venture Ltd (RRVL), the retail arm of Reliance Industries, has announced a remarkable 29.1% increase in net profit for the March quarter of FY25, reaching Rs 3,545 crore. This growth underscores the company's strong market position and operational efficiency.

Revenue and Profit Show Significant Growth

The company's gross revenue saw a 15.65% rise to Rs 88,620 crore in the same quarter. For the entire financial year ending March 2025, gross revenue climbed by 7.85% to Rs 3,30,870 crore, with profit after tax increasing by 11.33% to Rs 12,388 crore.

Digital and New Commerce Channels Thrive

Digital and new commerce channels contributed 18% to the total revenue in the March quarter, highlighting the success of Reliance Retail's modernization efforts. The company's pre-tax profit (EBITDA) also grew by 14.3% to Rs 6,711 crore.

Expansion and Customer Base Growth

Despite opening 2,659 new stores in FY25, strategic store rationalization led to a total of 19,340 stores covering 77.4 million sq ft. The customer base expanded by 14.8% year-on-year to 349 million, with total transactions rising by 10.6% to 1.39 billion annually.