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Reliance Annual Report: RIL retail opens 1,840 new stores in FY24
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Reliance retail opened 1,840 new stores in FY24 even as it signed a host of deals with global companies, the conglomerate revealed in its annual report on Wednesday. The retail business of the oil-to-retail conglomerate registered an EBITDA of Rs 23,802, in FY24, recording a growth of 28.4% YoY.
«The registered customer base crossed a milestone of 300 million, making Reliance Retail one of the most preferred retailers in the country,» the annual report stated.
Further, the conglomerate said that the Retail division is set to broaden its offerings.
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