{"id":191,"date":"2025-05-08T11:17:00","date_gmt":"2025-05-08T11:17:00","guid":{"rendered":"https:\/\/elixrretail360.com\/blog\/?p=191"},"modified":"2026-03-17T12:04:42","modified_gmt":"2026-03-17T12:04:42","slug":"reliance-retail-pat-almost-doubles-yoy","status":"publish","type":"post","link":"https:\/\/elixirretail360.com\/blog\/reliance-retail-pat-almost-doubles-yoy\/","title":{"rendered":"Reliance Retail PAT almost doubles YoY"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"191\" class=\"elementor elementor-191\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2f32ae79 e-flex e-con-boxed e-con e-parent\" data-id=\"2f32ae79\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-663e13b2 elementor-widget elementor-widget-text-editor\" data-id=\"663e13b2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n\n\n<p style=\"box-sizing: border-box; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-variant-emoji: inherit; font-stretch: inherit; font-size: 16px; line-height: inherit; font-family: Georgia, Times, &quot;Times New Roman&quot;, serif; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; margin-bottom: 1.25em; vertical-align: baseline; text-rendering: optimizelegibility; color: rgb(51, 51, 51);\">India\u2019s largest retail chain by revenues and number of stores, Reliance Retail Limited (RRL) has reported its FY 24-25 revenues and other details.<\/p><p style=\"box-sizing: border-box; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-variant-emoji: inherit; font-stretch: inherit; font-size: 16px; line-height: inherit; font-family: Georgia, Times, &quot;Times New Roman&quot;, serif; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; margin-bottom: 1.25em; vertical-align: baseline; text-rendering: optimizelegibility; color: rgb(51, 51, 51);\">According to the company, Gross Revenues for FY 24-25 grew 8% year on year to INR 330,870 Cr vs 306,786 cr in FY 23-24. <\/p>\n<p style=\"box-sizing: border-box; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-variant-emoji: inherit; font-stretch: inherit; font-size: 16px; line-height: inherit; font-family: Georgia, Times, &quot;Times New Roman&quot;, serif; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; margin-bottom: 1.25em; vertical-align: baseline; text-rendering: optimizelegibility; color: rgb(51, 51, 51);\">EBITDA margin grew by 2 basis points, from 8.1% in FY 23-24 to 8.3% in FY 24-25. Profit after tax almost doubled to INR 21,392 cr from INR 11,101 cr in the previous year.<\/p>\n\n\n\n\n<p>Lorem Ipsum has been the industry&#8217;s standard dummy text ever since the 1500s.<\/p>\n\n\n\n\n<p style=\"box-sizing: border-box; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-variant-emoji: inherit; font-stretch: inherit; font-size: 16px; line-height: inherit; font-family: Georgia, Times, &quot;Times New Roman&quot;, serif; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; margin-bottom: 1.25em; vertical-align: baseline; text-rendering: optimizelegibility; color: rgb(51, 51, 51);\">RRL currently operates 19,340 stores spread over 77.4 mn sq ft of area, of which 2,659 stores were added in the last fiscal.<\/p><p style=\"box-sizing: border-box; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-variant-emoji: inherit; font-stretch: inherit; font-size: 16px; line-height: inherit; font-family: Georgia, Times, &quot;Times New Roman&quot;, serif; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; margin-bottom: 1.25em; vertical-align: baseline; text-rendering: optimizelegibility; color: rgb(51, 51, 51);\">The company mentions that it has a registered customer base of 349 Mn people in India and registered 1.4 Bn transactions during the year, a growth of 11% over last year.<\/p><p style=\"box-sizing: border-box; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-variant-emoji: inherit; font-stretch: inherit; font-size: 16px; line-height: inherit; font-family: Georgia, Times, &quot;Times New Roman&quot;, serif; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; margin-bottom: 1.25em; vertical-align: baseline; text-rendering: optimizelegibility; color: rgb(51, 51, 51);\"><span style=\"box-sizing: border-box; border: 0px; font-style: inherit; font-variant: inherit; font-weight: 700; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; vertical-align: baseline;\">Ajio<\/span>, the e-commerce platform of RRL, strengthened its portfolio by 44% over last year to 2.4 Mn options and launched same day delivery and next day delivery in 26 Indian cities.<\/p><p style=\"box-sizing: border-box; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-variant-emoji: inherit; font-stretch: inherit; font-size: 16px; line-height: inherit; font-family: Georgia, Times, &quot;Times New Roman&quot;, serif; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; margin-bottom: 1.25em; vertical-align: baseline; text-rendering: optimizelegibility; color: rgb(51, 51, 51);\"><span style=\"box-sizing: border-box; border: 0px; font-style: inherit; font-variant: inherit; font-weight: 700; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; vertical-align: baseline;\">Shein<\/span>, the Chinese fast fashion brand is now available on Google and Apple App stores and Web store with over 12,000 options.<\/p>\n\n\n\n\n\n\n\n\n\n<p style=\"box-sizing: border-box; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-variant-emoji: inherit; font-stretch: inherit; font-size: 16px; line-height: inherit; font-family: Georgia, Times, &quot;Times New Roman&quot;, serif; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; margin-bottom: 1.25em; vertical-align: baseline; text-rendering: optimizelegibility; color: rgb(51, 51, 51);\"><span style=\"box-sizing: border-box; border: 0px; font-style: inherit; font-variant: inherit; font-weight: 700; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; vertical-align: baseline;\">Digital<\/span>, the consumer durables format registered an impressive 26% growth in Average Bill Value while&nbsp;<span style=\"box-sizing: border-box; border: 0px; font-style: inherit; font-variant: inherit; font-weight: 700; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; vertical-align: baseline;\">resQ<\/span>, the on-demand services business is now live in 300 Indian cities.<\/p><p style=\"box-sizing: border-box; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-variant-emoji: inherit; font-stretch: inherit; font-size: 16px; line-height: inherit; font-family: Georgia, Times, &quot;Times New Roman&quot;, serif; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; margin-bottom: 1.25em; vertical-align: baseline; text-rendering: optimizelegibility; color: rgb(51, 51, 51);\">On the grocery front, RRL is planning to scale its premium formats&nbsp;<span style=\"box-sizing: border-box; border: 0px; font-style: inherit; font-variant: inherit; font-weight: 700; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; vertical-align: baseline;\">FreshPik<\/span>&nbsp;and&nbsp;<span style=\"box-sizing: border-box; border: 0px; font-style: inherit; font-variant: inherit; font-weight: 700; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; vertical-align: baseline;\">GoFresh<\/span>&nbsp;while&nbsp;<span style=\"box-sizing: border-box; border: 0px; font-style: inherit; font-variant: inherit; font-weight: 700; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; vertical-align: baseline;\">Metro<\/span>&nbsp;Hypermarket delivered a 37% growth in its institutional (<span style=\"box-sizing: border-box; border: 0px; font-style: inherit; font-variant: inherit; font-weight: 700; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; vertical-align: baseline;\">HoReCa<\/span>) business.<\/p><p style=\"box-sizing: border-box; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-variant-emoji: inherit; font-stretch: inherit; font-size: 16px; line-height: inherit; font-family: Georgia, Times, &quot;Times New Roman&quot;, serif; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; margin-bottom: 1.25em; vertical-align: baseline; text-rendering: optimizelegibility; color: rgb(51, 51, 51);\">Quick Commerce, where RRL has been pivoting various methods has still been a tricky area for the company, even as market leader Blinkit, followed by Swiggy Instamart and Zepto are burning cash to acquire &amp; retain consumers.<\/p>\n\n\n\n\n\n\n\n\n\n<p style=\"box-sizing: border-box; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-variant-emoji: inherit; font-stretch: inherit; font-size: 16px; line-height: inherit; font-family: Georgia, Times, &quot;Times New Roman&quot;, serif; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; margin-bottom: 1.25em; vertical-align: baseline; text-rendering: optimizelegibility; color: rgb(51, 51, 51);\"><span style=\"box-sizing: border-box; border: 0px; font-style: inherit; font-variant: inherit; font-weight: 700; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; vertical-align: baseline;\">Jio Mart<\/span>&nbsp;currently offers its services to 4,000+ Pin Codes in India through 2,100+ stores. The company says it has witnessed 27% growth YoY in daily orders and 37% growth in web \/ app visits.<\/p><p style=\"box-sizing: border-box; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-variant-emoji: inherit; font-stretch: inherit; font-size: 16px; line-height: inherit; font-family: Georgia, Times, &quot;Times New Roman&quot;, serif; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; margin-bottom: 1.25em; vertical-align: baseline; text-rendering: optimizelegibility; color: rgb(51, 51, 51);\">Reliance Retail\u2019s FMCG arm with brands such as&nbsp;<em style=\"box-sizing: border-box; border: 0px; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; vertical-align: baseline;\">Independence, Campa, Sil, Tagz<\/em>, etc. is now present across 1 mn shops through a distributor network of 3,200 partners.<\/p><p style=\"box-sizing: border-box; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-variant-emoji: inherit; font-stretch: inherit; font-size: 16px; line-height: inherit; font-family: Georgia, Times, &quot;Times New Roman&quot;, serif; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; margin-bottom: 1.25em; vertical-align: baseline; text-rendering: optimizelegibility; color: rgb(51, 51, 51);\">The FMCG vertical contributed INR 11,500 Cr in revenues for the year.<\/p><p style=\"box-sizing: border-box; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-variant-emoji: inherit; font-stretch: inherit; font-size: 16px; line-height: inherit; font-family: Georgia, Times, &quot;Times New Roman&quot;, serif; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; margin-bottom: 1.25em; vertical-align: baseline; text-rendering: optimizelegibility; color: rgb(51, 51, 51);\">Editor\u2019s Note<\/p><p style=\"box-sizing: border-box; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-variant-emoji: inherit; font-stretch: inherit; font-size: 16px; line-height: inherit; font-family: Georgia, Times, &quot;Times New Roman&quot;, serif; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; margin-bottom: 1.25em; vertical-align: baseline; text-rendering: optimizelegibility; color: rgb(51, 51, 51);\">Being the largest retail company in India and with a presence in every format possible, the revenue performance of Reliance Retail has been an important indicator of the Indian economy, especially in the hinterland.<\/p>\n\n\n\n\n\n\n\n\n\n<p style=\"box-sizing: border-box; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-variant-emoji: inherit; font-stretch: inherit; font-size: 16px; line-height: inherit; font-family: Georgia, Times, &quot;Times New Roman&quot;, serif; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; margin-bottom: 1.25em; vertical-align: baseline; text-rendering: optimizelegibility; color: rgb(51, 51, 51);\">The fact that offline retail is struggling on one side, even as large players like RRL (and DMart) are still drawing visitors is no mean feat, with the dominance of quick commerce options in metro cities and e-commerce across metros and Tier 2\/3 towns.<\/p><p style=\"box-sizing: border-box; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-variant-emoji: inherit; font-stretch: inherit; font-size: 16px; line-height: inherit; font-family: Georgia, Times, &quot;Times New Roman&quot;, serif; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; margin-bottom: 1.25em; vertical-align: baseline; text-rendering: optimizelegibility; color: rgb(51, 51, 51);\">RRL\u2019s results repose confidence in the ongoing consumption story of India, which continues to be unstoppable, save for a few speed bumps here and there.<\/p>\n\n\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":194,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"pagelayer_contact_templates":[],"_pagelayer_content":"","footnotes":""},"categories":[11],"tags":[17],"class_list":["post-191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fashion","tag-luxury"],"jetpack_featured_media_url":"https:\/\/elixirretail360.com\/blog\/wp-content\/uploads\/2025\/06\/Luxury.png","_links":{"self":[{"href":"https:\/\/elixirretail360.com\/blog\/wp-json\/wp\/v2\/posts\/191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elixirretail360.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/elixirretail360.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/elixirretail360.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/elixirretail360.com\/blog\/wp-json\/wp\/v2\/comments?post=191"}],"version-history":[{"count":10,"href":"https:\/\/elixirretail360.com\/blog\/wp-json\/wp\/v2\/posts\/191\/revisions"}],"predecessor-version":[{"id":641,"href":"https:\/\/elixirretail360.com\/blog\/wp-json\/wp\/v2\/posts\/191\/revisions\/641"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/elixirretail360.com\/blog\/wp-json\/wp\/v2\/media\/194"}],"wp:attachment":[{"href":"https:\/\/elixirretail360.com\/blog\/wp-json\/wp\/v2\/media?parent=191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/elixirretail360.com\/blog\/wp-json\/wp\/v2\/categories?post=191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elixirretail360.com\/blog\/wp-json\/wp\/v2\/tags?post=191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}