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Reliance Retail's net profit rises 10.1% to ₹3,485 crore
short by System User / on Monday, 20 January, 2025
Reliance Retail posted a 10.1% YoY rise in net profit to ₹3,485 crore, with revenue up 7% to ₹79,595 crore. Growth was driven by 296 million footfalls and 779 new stores, totalling 19,102. Analyst Karan Taurani credits festive sales and digital commerce (18% of revenue) for the boost, alongside a rebound in fashion and lifestyle sales.
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