Reliance Retail Q2 Revenue Jumps 18% to ₹90,018 Crore
Reliance Retail Ventures Limited (RRVL) reported impressive Q2 FY2025 results with revenue surging 18% year-on-year to ₹90,018 crore. The retail giant’s customer base crossed 369 million as it continued rapid expansion across India.
Key Takeaways
- Revenue: ₹90,018 crore (up 18% YoY)
- EBITDA: ₹6,816 crore (up 16.5% YoY)
- Customer base: 369 million (12.8% growth)
- Store count: 19,821 stores (875 new openings)
Strong Financial Performance
Reliance Retail’s Earnings Before Interest, Taxes, and Amortisation (EBITDA) reached ₹6,816 crore, marking a 16.5% increase compared to the same period last year. The company attributed this growth to higher volumes across all retail formats.
Leadership Insights
Mukesh D. Ambani, Chairman and Managing Director of Reliance Industries, stated: “All formats registered higher volume, propelling strong growth in both revenue and EBITDA. There has also been a sustained pick-up in our quick hyperlocal delivery model.”
Isha M Ambani, Executive Director of RRVL, highlighted the consumer-focused approach: “GST rate changes will further accelerate consumption growth as consumers get the benefit of lower prices. Our success is a testament to our deep understanding of the consumer.”
Business Expansion and Formats
Reliance Retail operates across multiple segments including grocery, consumer electronics, fashion, lifestyle, and pharmaceuticals. The company’s diverse portfolio includes:
- Grocery: Fresh Signature, Smart Bazaar, 7-Eleven
- Pharma: Netmeds digital platform and physical stores
- Consumer Electronics: Reliance Digital and MyJio stores
- Fashion & Lifestyle: Trends, Reliance Jewels, Hamleys, and international brands like GAP, Armani, Burberry
The company continues to focus on expanding its footprint and enhancing customer experience, with all retail formats contributing to the strong growth momentum.
