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Reliance Retail reports an 8% revenue rise to $38.7 billion, targets 20% growth over three years.
Reliance Retail, a subsidiary of Reliance Industries, reported an 8% rise in gross revenue to ₹3,30,943 crore ($38.7 billion) in fiscal year 2024, with EBITDA up 8.6%.
The company aims for a 20% compound annual growth rate (CAGR) over the next three years, focusing on expanding its online sales and quick-commerce capabilities to contribute 20% of its revenue.
Reliance Retail also plans to open 2,000-3,000 new stores annually.
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Reliance Retail informa un aumento del 8% en los ingresos a $ 38.7 mil millones, con un objetivo de crecimiento del 20% en tres años.