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Corporate News |
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Reliance Retail shifts focus to premium formats, quick commerce, and consumer brands
26-Apr-2025
With its store footprint now stable, Reliance Retail is doubling down on high-growth areas such as premium grocery, quick commerce, and consumer brands as it sharpens its focus on profitability and deeper market penetration.
“We are pretty much done with the streamlining that we had started during the year,” said Dinesh Taluja, chief financial officer, during a post-earnings briefing on April 25. He added that the company will continue to expand across its portfolio in the coming quarters. It opened 2,659 new stores in FY25, but with ongoing restructuring, net additions stood at around 500.
News Source:- https://www.moneycontrol.com/news/business/reliance-retail-q4-profit-rises-29-to-rs-3-545-crore-13005110.html
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