Reliance Retail Q4: Digital & New Commerce Business Account For 18% Of Revenue

It was business as usual as digital and new commerce businesses continued to account for 18% of Reliance Retail’s total revenue in the fourth quarter (Q4) of the financial year 2024-25 (FY25).

Overall, Reliance Retail’s operating revenue jumped 16.3% to INR 78,622 Cr during the quarter under review from INR 67,610 Cr in the year-ago period. Its net profit rose 29.1% to INR 3,545 Cr in Q4 FY25 from INR 2,746 Cr in Q4 FY24.

On a sequential basis, net profit rose a mere 2.5% from INR 3,458 Cr and .

In a statement, the conglomerate said that JioMart has grown its quick “30 minute” hyperlocal deliveries to more than 4,000 pincodes spanning 2,100+ stores.

The company also said that “exit daily gross orders” for quick hyperlocal deliveries rose 2.4X sequentially in Q4 FY25 on the back of “strong customer proposition of lowest prices, free delivery and no hidden charges”.

“The retail segment also delivered consistent growth… The quick hyperlocal deliveries initiative has also gained significant traction in the market, connecting strongly with the users. Our suite of omnichannel offerings and wide-spread presence will enable Reliance Retail to continue delivering superior value to all its customers,” said chairman and managing director of Reliance Industries Ltd Mukesh Ambani.

(This is a breaking story and will be updated soon)

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