Reliance Retail Ventures Ltd (RRVL), the retail arm of Mukesh Ambani’s Reliance Industries, wrapped up the March quarter of FY25 with a strong 29.1% jump in net profit, clocking ₹3,545 crore. Gross revenue during the same period climbed 15.65% to ₹88,620 crore, according to a regulatory filing by Reliance Industries Ltd (RIL).
For the full financial year ending March 2025, Reliance Retail posted a gross revenue of ₹3,30,870 crore — a growth of 7.85% over the previous year — while net profit rose 11.33% to ₹12,388 crore. In comparison, during the January–March stretch of last year, the company had earned ₹76,627 crore in gross income and posted a profit of ₹2,746 crore.
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The latest March quarter also saw operating revenue climb 16.3% to ₹78,622 crore, up from ₹67,610 crore a year ago. Digital commerce and new commerce — areas where Reliance has been aggressively expanding — made up 18% of total revenue this quarter, showing solid momentum in the company’s online and tech-driven efforts.
Reliance Retail’s EBITDA (earnings before interest, taxes, depreciation, and amortization) also rose by 14.3% year-on-year to ₹6,711 crore for the quarter.
Expansion on the ground continued as well. The retailer opened 2,659 new stores across the country during FY25, though after some store rationalisation moves, the total network stood at 19,340 outlets, covering a massive 77.4 million square feet by the end of March.
Commenting on the performance, Reliance Industries Chairman and Managing Director Mukesh Ambani said the retail business maintained steady growth throughout the year.
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“In FY25, we took a strategic look at our store network to drive better efficiency and sustainability in operations,” Ambani said. He added that a broader product lineup, better customer experience across formats, and faster hyperlocal deliveries helped the company strengthen its connect with users and tap deeper into consumer demand.
