Reliance Retail rides on festive sales, new products; reports strong growth

Reliance Retail Ventures Limited reported a 10% increase in net profit for Q3 FY25, reaching Rs 3,458 crore. The gross revenue rose 18% to Rs 90,000 crore, driven by the festive season, new product launches, and promotions. The company added 779 new stores, with significant growth in Fashion & Lifestyle and strong festive sales across various segments.