Ahead of IPO, Reliance Retail reportedly mandates smaller break-even period for new stores

Ahead of IPO, Reliance Retail reportedly mandates smaller break-even period for new stores

As part of a strategy change, officials briefed on internal guidelines have reportedly stated that Reliance Retail has demanded that all new stores break even within 6 to 12 months, failing which they will either be closed or converted to alternative formats. This dramatic departure from its prior two-year break-even period indicates a greater emphasis […] The post Ahead of IPO, Reliance Retail reportedly mandates smaller break-even period for n…

Acting Tough And With A Warning Too, Reliance Retail Ultimatum - Break Even Or Be Broken

Reliance Retail has posted a solid financial performance for the fiscal year ending March 2025, illustrating its dominance in India’s retail sector. The company reported a consolidated net profit of ₹3,545 crore, marking a 29% year-on-year surge. Gross revenues for the same period rose by 16.3% to ₹88,620 crore, driven by robust growth across major …