Reliance Retail posts 6.2% net profit growth in Q3 FY2023

Its net profit stood at INR2,400 crore during the quarter.

Reliance Retail reported its net profit grew by 6.2% to INR2,400 crore in the third quarter of 2023, ending in December 2022.

In the first nine months of the year, Reliance Retail’s profit also climbed to INR6,766 crore, up from only INR4,916 crore in the same period in the fiscal year 2022.

Over the third quarter, the company’s revenue grew by 17.2% year-on-year to INR67,623 crore, driven by well-rounded growth across all baskets and channels.

“Our performance during the quarter demonstrates the underlying strengths and efficiencies of our business model that enable us to serve our customers with excellence at all times,” Isha M Ambani, Executive Director, Reliance Retail Ventures Limited, said.

“We remain steadfast in offering the best shopping experience across all our stores and digital platforms to deepen our bond with our customers and vendor partners.”

Follow the link s for more news on

Reliance Brands Limited

Reliance Retail

Also Read

Philippine malls lure shoppers with complete holiday experience

FairPrice Group extends discount schemes through 2025

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit