Reliance Retail

Reliance Retail
Company type	Subsidiary
ISIN	INE002A01018
Industry	Retail
Founded	2006
Founder	Mukesh Ambani
Headquarters	Mumbai, Maharashtra, India
Number of locations	18,836 (2024)
Area served	India
Key people	Mukesh Ambani; (Chairman); Isha Ambani; (Managing Director);
Services	Supermarket; Hypermarket; Cash & carry; Warehouse; Grocery store; Superstore; Convenience shop;
Revenue	₹306,786 crore (US$37 billion) (2024)
Operating income	₹23,040 crore (US$2.8 billion) (2024)
Net income	₹11,101 crore (US$1.3 billion) (2024)
Total assets	₹168,311 crore (US$20 billion) (2023)
Owner	Reliance Industries (85.12%); Vanishree Commercials (4.7%); Infotel Infocomm (0.6%); Sovereign wealth funds (5.86); Private equity firms (4.32%); ;
Number of employees	207,552 (2024)
Parent	Reliance Industries
Subsidiaries	See divisions and subsidiaries
Website	relianceretail.com
	Footnotes / references; Financials as of March 31, 2024.

Reliance Retail is an Indian retail company and a subsidiary of Reliance Industries. Founded in 2006, it is the largest retailer in India in terms of revenue.^[5] Its retail outlets offer foods, groceries, apparel, footwear, toys, home improvement products, electronic goods, and farm implements and inputs. As of 2023,^[update] it has over 245,000 employees at 18,000 store locations in 7,000 towns.^[1] Apart from physical stores, the company also sells products on its e-commerce channels.

As of October 2023,^[update] the company is valued at $100 billion.^[6]^[7]

^ ^a ^b Prabhakar, Sai (12 July 2023). "Reliance Retail: What's in store?". BusinessLine. Retrieved 31 August 2023.
^ "Reliance Industries financials". Archived from the original on 30 May 2023. Retrieved 21 April 2023.
^ "Reliance Industries AR 2023-24" (PDF). Retrieved 8 August 2024.
^ "Reliance Financial results Q4FY24" (PDF). Reliance Retail. Retrieved 22 April 2024.
^ Annual Report, RIL (20 July 2020). "Reliance Retail sales cross $23 bn mark". Reliance Industries Limited. Archived from the original on 24 April 2019. Retrieved 11 September 2020.
^ Rosendar, Yessar. "Qatar Investment Authority Invests $1 Billion In Mukesh Ambani's Reliance Retail Ventures". Forbes. Retrieved 25 August 2023.
^ Cite error: The named reference adia was invoked but never defined (see the help page).

[store-1] Prabhakar, Sai (12 July 2023). "Reliance Retail: What's in store?". BusinessLine. Retrieved 31 August 2023.

[2] "Reliance Industries financials". Archived from the original on 30 May 2023. Retrieved 21 April 2023.

[3] "Reliance Industries AR 2023-24" (PDF). Retrieved 8 August 2024.

[fy23-4] "Reliance Financial results Q4FY24" (PDF). Reliance Retail. Retrieved 22 April 2024.

[5] Annual Report, RIL (20 July 2020). "Reliance Retail sales cross $23 bn mark". Reliance Industries Limited. Archived from the original on 24 April 2019. Retrieved 11 September 2020.

[:1-6] Rosendar, Yessar. "Qatar Investment Authority Invests $1 Billion In Mukesh Ambani's Reliance Retail Ventures". Forbes. Retrieved 25 August 2023.

[adia-7] Cite error: The named reference adia was invoked but never defined (see the help page).

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