Reliance Retail Ventures Ltd. on Friday, December 16, announced third-quarter results for the period ending December 2025, showing a modest increase in profitability.
The retail arm of the conglomerate posted a consolidated net profit of ₹3,551 crore, marking a 2.7% rise from ₹3,458 crore in the year-ago period. This figure narrowly missed market expectations.
Revenue Growth
The company's topline performance was stronger, with revenue climbing 9.2% to ₹86,951 crore from ₹79,595 crore a year prior. This growth indicates sustained demand across its extensive retail operations.
Margin Pressure
Operating income, or EBITDA, grew by a marginal 1.3% year-on-year to ₹6,915 crore. However, the EBITDA margin compressed by 60 basis points to 8% from 8.6% in the same quarter last year, reflecting increased operational costs or pricing pressures.
Store Network Expansion
Reliance Retail continued its aggressive physical expansion, opening 431 new stores during the quarter. The total store count now stands at 19,979, covering a vast operational area of 78.1 million square feet, underscoring its commitment to market penetration.
Management Commentary
Isha M. Ambani, Executive Director, stated that the company delivered a "steady quarterly performance." She highlighted a focus on trend-focused assortments and omni-channel experiences to maintain customer engagement and loyalty, while reiterating the vision to "redefine Indian retail through innovation and excellence."