Top News

Reliance AGM 2025: Reliance Retail Indias largest retailer headed by Isha Ambani has witnessed remarkable growth since the very first year of its operation and has become one of worlds fastest growing retailers Reliance Industries Chairman Mukesh Ambani said Friday. Addressing the companys 48th Annual General Meeting (AGM) Mukesh Ambani hailed the tremendous success of Reliance Retail stating that it has become one of the worlds fastest FMCG firms with an annual turnover of Rs 11500 crore in the FY-2025. What did Isha Ambani says at Reliance AGM? Speaking at the Reliance AGM 2025 Isha Ambani who serves as the Director of Reliance Retail Ventures Limited said the companys gross revenue grew by 8 percent to Rs 330943 crore in FY25. Reliance Retail witnessed about 1.4 billion transactions in the last fiscal nearly matching the countrys population Isha Ambani said adding that the company is not just participating in Indias consumption boom but propelling it with the structural growth tailwinds across its business verticals. The companys EBITDA increased by 8.6 percent on an annual basis to Rs 25904 crore while its online channels are poised to achieve 20 percent growth over the next three years she said. Our online channels contribute a high single-digit share of retail revenues but will grow to over 20 percent within three years. Why Reliance Retail dominates Indias retail sector? Isha Ambani further said that Reliance Retail which operates a whopping 19340 offline stores and has a customer base of 349 million across India has also amplified its digital reach with e-commerce platforms such as JioMart and AJIO and expanding coverage of hyperlocal delivery services. In the quick-commerce sector Reliance Retail is offering faster reliable deliveries than other competitors owing to the companys vast store network and strategically located dark stores she added. Looking ahead we are confident of delivering 20%+ CAGR in retail revenues over the next three years Isha said. HIGHLIGHTS Reliance Retail has witnessed tremendous growth since its very first year of operation. The company is counted among the worlds fastest growing retailers with an annual turnover of Rs 11500 crore. Reliance Retail has over 349 million users and operates nearly 20000 stores across India. The companys gross revenue grew by 8 percent to Rs 330943 crore in FY25. Meanwhile Isha Ambani revealed that Reliance Retail is looking to scale its FMCG business by over eightfold in the next five years to Rs 1 lakh crore besides investing invest Rs 40000 crore to create Asias largest food parks. According to Isha Reliance which now eyes global expansion of FMCG business will invest Rs 40000 crore (USD 4.7 billion) to create Asias largest integrated food parks with AI-driven automation robotics and sustainable technologies securing lasting cost leadership (With inputs from agencies)