Reliance Retail emerges as the fastest growing segment for M

Reliance Retail emerges as the fastest growing segment for Mukesh Ambani


Reliance Retail emerges as the fastest growing segment for Mukesh Ambani
Sanchita DashApr 30, 2021, 20:44 IST
BCCL
Reliance Industries, clocked a 50% growth in its profits to ₹3113 crore.
Reliance Retail contributed 29.7% of the total revenue for the largest company in India, by revenues.
Reliance also continued to add to its store count – with 1,456 new stores added in the financial year 2020-2021.Reliance Retail continues to be the driver of revenue and profits for
Mukesh Ambani. The retail arm, of Reliance Industries, clocked a 50% growth in its profits to ₹3113 crore, while its revenue has grown by 21% to ₹46,099 crore in the months from January through March, compared to the same period, last year. The company attributed this stellar growth to the boom in online shopping.

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