Dinesh Taluja
Head of Retail, Reliance Industries
Notable Quotes
For us, it's more around looking at the wallet share of the customers and meeting their needs.
Our objective is to maximize wallet share with the customer. I'm neither an offline player nor an online player. We look at, am I capturing enough wallet share of the customer?
Our stores, purely on a standalone basis, are seeing double-digit growth for the last several quarters. We are not seeing that impact either in metro or in any other city.
Our B2C grocery business grew at 37% YoY. So while there's a lot of talk about big commerce growing, we see our business growing very strongly with very healthy LFLs growing.
We are seeing some very strong growth in the first two weeks of October as the festival season has started kicking in, and we expect this momentum to continue going on to Diwali and beyond.
Our gross revenue crossed INR 83,000 crore, a revenue growth of 23% on a YoY basis. EBITDA grew at a healthy 31%, and came at INR 6,258 crore, while profit after tax grew 32%.
We had the best ever Independence Day sale, which was for consumer electronics, which recorded a 23% growth.
Earnings Appearances
Reliance · Q4 FY26
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Reliance · Q2 FY26
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Reliance · Q4 FY25
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Reliance · Q3 FY25
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Reliance · Q2 FY25
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Reliance · Q3 FY24
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Reliance · Q2 FY24
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