Reliance Retail Revenue Grows 19% in Q3-FY2015

Reliance Retail posted 19% revenue growth in Q3FY15 and continued its focus on enhancing profitability. Reliance now operates 2,285 stores across 166 cities. Accelerated store openings and LFL growth of up to 19% across formats aided the top-line growth in a quarter which is heavy on festive sales. It has emerged as the largest retail chain in the country and is looking at judicious expansion in focus retail formats. Below are key highlights of company’s performance in Q3FY15.

Reliance Retail added 279 stores (more…)