Reliance Retail rides on festivals and weddings, profit rises 10%
Reliance Retail experienced a 7% sales growth in the fiscal third quarter due to festive and wedding season demand. The company improved profitability through streamlined operations and productivity enhancements. Revenue reached ₹79,595 crore, with a net profit of ₹3,458 crore. Reliance opened 779 new stores and saw strong growth across various retail categories.