Robust Performance Across Segments

Reliance Retail Ventures Ltd (RRVL), the retail arm of Reliance Industries, reported a remarkable 28.3% year-on-year increase in profit after tax, reaching Rs 3,271 crore for the quarter ended June 30, 2025. This growth was supported by strong performance across all segments and ongoing network expansion.

Revenue Growth and Operational Highlights

Gross revenue for the first quarter saw an 11.3% rise to Rs 84,171 crore, up from Rs 75,615 crore in the same period last fiscal. Revenue from operations stood at Rs 73,720 crore, compared to Rs 66,260 crore previously.

"All segments performed well, with market-leading performance in grocery and fashion. Despite the early onset of monsoons affecting consumer electronics, recovery is underway," the company stated.

Expansion and Customer Base

The retail giant expanded its footprint by adding 388 new stores, bringing the total to 19,592 with an operational area of 77.6 million sq ft. The registered customer base grew to 358 million.

Mukesh D. Ambani, Chairman and Managing Director of Reliance Industries Ltd, emphasized the focus on strengthening the portfolio of own FMCG brands and enhancing the multi-channel approach to meet diverse customer needs.

Omnichannel Push and Vertical Growth

JioMart's hyper-local delivery services recorded a 68% sequential growth, with operations now spanning 4,290 pin codes. The fashion and lifestyle vertical saw significant growth, with emerging formats like GAP and Azorte expanding rapidly.

In grocery, Reliance solidified its leadership, with subscription services expanding to 26 cities and achieving a 45% rise in orders. The consumer electronics business grew steadily, despite challenges from early monsoons.

Isha M. Ambani, Executive Director of RRVL, highlighted the company's focus on operational excellence and technological investments to better serve customers and scale with agility.