Reliance Retail Q1 results: Profit rises 28.3% YoY to Rs 3,271 crore, gross revenue jumps 11.3% to Rs 84,171 crore – OXBIG NEWS NETWORK-OxBig News Network

Reliance Retail Ventures Ltd (RRVL), the retail arm of Reliance Industries, on Friday reported a 28.3% year-on-year rise in its profit after tax at Rs 3,271 crore for the quarter ended June 30, 2025, buoyed by robust performance across segments and continued network expansion.Gross revenue for the first quarter rose 11.3% to Rs 84,171 crore, compared to Rs 75,615 crore in the same period last fiscal. Revenue from operations came in at Rs 73,720 crore, up from Rs 66,260 crore, PTI reported.“All segments performed well, with market-leading performance in grocery and fashion. Consumer electronics and devices were impacted because of the early onset of monsoons, but recovery is underway,” the company said in its filing.The retail giant added 388 new stores during the quarter, taking the total count to 19,592 with an operational footprint of 77.6 million sq ft. The registered customer base expanded to 358 million.“Retail’s business … customer base expanded to 358 million, along with significant improvement across operating metrics. We are focusing on strengthening the portfolio of own FMCG brands, which resonate with the tastes of Indian consumers,” said Mukesh D. Ambani, Chairman and Managing Director, Reliance Industries Ltd, PTI quoted.He added “Our retail business continues to enhance its ability to fulfil everyday as well as specialized needs of all customer cohorts, through a multi-channel approach.”Strong omnichannel push, growth across verticalsJioMart expanded its quick hyper-local delivery services, recording 68% sequential growth and 175% year-on-year growth in daily orders. The digital platform’s operations now span 4,290 pin codes through over 2,200 stores in more than 1,000 cities.Reliance Retail’s fashion and lifestyle vertical saw revenue and EBITDA growth driven by strong own brand performance and new store formats. Emerging formats such as GAP, Azorte, and Yousta grew 59% year-on-year and now operate over 170 stores. AJIO expanded its product catalogue by 44% year-on-year to over 2.6 million options, adding several new brands during the period.In grocery, Reliance consolidated its leadership position. The Metro format posted robust growth, with key categories such as home and personal care up 25%, and hot beverages, dry fruits, and nuts each rising 20% year-on-year. Subscription services were expanded to 26 cities, achieving a 45% rise in orders year-on-year.The consumer electronics business saw steady growth, driven by a 26% rise in average bill value, although AC sales were hit due to the early onset of monsoon. The JioMart Digital business also posted strong growth, aided by merchant expansion and brand portfolio diversification. The acquisition of the Kelvinator IP for India will strengthen Reliance’s consumer durables play.The jewellery business posted a steady performance despite gold price volatility, with a 47% increase in average bill value year-on-year.“Reliance Retail delivered resilient performance during this quarter, driven by our relentless focus on operational excellence, geographical expansion and sharper product portfolio. Our continued investments in cutting-edge technologies and differentiated product offerings have enabled us to serve our customers better and scale with agility,” said Isha M. Ambani, Executive Director, RRVL, quoted PTI.