Reliance Retail Q4 cons PAT jumps 29% YoY to Rs 3,545 cr

Reliance Retail Ventures (RRVL) on Friday reported a 29% year-on-year jump in its consolidated net profit for the March quarter at Rs 3,545 crore, compared to Rs 2,746 crore in the year-ago period.

Reliance Industries' retail arm posted Q4FY25 revenue of Rs 78,622 crore, up 16.3% from Rs 67,610 crore in the corresponding quarter of the previous financial year.

The company’s Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) stood at Rs 6,711 crore in the January–March quarter of FY25, up 14.3% from Rs 5,871 crore in the year-ago period. The EBITDA margin stood at 8.5%, marking a 20 bps YoY decline.

RRVL performance summary: 4Q FY25 vs 4Q FY24

- Business registered a revenue of Rs 88,620 crore, up 15.7% YoY.
- EBITDA from operations was at Rs 6,510 crore, up 14.6% YoY. EBITDA margin from operations at 8.3%.
- RRVL increased number of stores by 2.7% YoY at the end of the March 2025 quarter to 19,340 from 18,836 stores in the year ago period.
- It operated 77.4 million square foot as on March 31, 2025 versus 79.1 million square foot, witnessing a 2.1% cut.
- Its registered customer base stood at 349 million in Q4FY25 versus 304 million in Q4FY24, a 14.8% uptick.

Management take
Commenting on the company’s earnings, RRVL Executive Director Isha M. Ambani said that Reliance Retail delivered strong growth in revenue and profits, driven by improved efficiencies, innovative formats, a sharper product mix, and continued investments in technology and customer experience. “We remain focused on shaping the future of retail with agility and purpose,” she added.

Segment Highlights
1) Consumer Electronics

Stores maintained their growth momentum, driven by a 26% YoY growth in average bill value and a 200-basis point improvement in conversions. The JioMart Digital (JMD) business recorded a 76% YoY growth and expanded its merchant partner base.
The Own Brands business grew by 30% YoY, supported by the expansion of the merchant partner base (up 60% YoY) and launch of new products across consumer durables and domestic appliances.

2) Fashion and Lifestyle
The business maintained its growth momentum as customers shopped for local festivals and weddings. Own brands contribution was up 9% YoY, with Netplay and Avaasa delivering particularly strong performance. AJIO delivered a steady performance during the period and added 1.9 million new customers.

3) Grocery
Grocery stores outperformed with industry leading performance. Business continued to scale up FreshPik and GoFresh by offering differentiated assortments and enhanced shopping experience. Targeted initiatives in HoReCa segment delivered positive results driving 37% YoY increase in sales.

4) JioMart
JioMart's average daily orders increased by 62% Y-o-Y. Quick hyper local deliveries continued to accelerate and operations scaled to 4,000+ pin codes across 2,100+ stores. The platform launched separate tabs for "Quick" and "Scheduled" deliveries to offer choice between under 30-minute quick deliveries and scheduled deliveries with differentiated assortment.

Subscription service expanded its catalogue and drove greater traction with customers, recording a 27% Y-o-Y increase in gross orders and a 37% rise in app/web visits.