The company opened 431 new stores during the period, taking the total store count to 19,979 with area under operation at 78.1 million square feet
Marking a significant improvement in its performance, Reliance Retail Ventures or RRVL witnessed an uptick of 8.1 per cent year-on-year (YoY) in its gross revenue in the third quarter of the current financial year. The company’s gross revenue jumped to Rs 97,605 crore from Rs 90,333 crore in Q3FY25.
The revenue from operations also surged to Rs 86,951 crore in Q3FY26, reflecting a 9.2 per cent uptick. The company completed the demerger of consumer products division during the quarter. Quarterly earnings before interest, tax, depreciation and amortisation (ebitda) stood at Rs 6,915 crore, marking a 1.3 per cent YoY growth.
The net profit (pat) grew 2.7 per cent YoY to reach Rs 3,551 crore during the quarter. The number of transactions during the quarter crossed milestone of 500 million and the company opened 431 new stores during the period, taking the total store count to 19,979 with area under operation at 78.1 million square feet. The registered customer base grew to 378 million. Ebitda before investment income was at Rs 6,770 crore.
“Reliance Retail delivered a steady quarterly performance, serving millions of customers across their shopping needs. By prioritizing trend-focused assortments and seamless omni-channel experiences, we continue to foster strong customer engagement and loyalty,” stated Isha M Ambani, Executive Director, Reliance Retail Ventures.
Reliance Consumer Products or RCPL completed the demerged from RRVL and became a direct subsidiary of RIL from 1 December 2025. RCPL’s revenue registered healthy growth and rose to Rs 5,065 crore during the quarter, taking the year-to-date gross revenue to around Rs 15,000 crore in FY26. Daily Essentials Q3 YTD FY26 sales continues strong growth momentum with 1.5-fold YoY growth.
Campa continues to maintain a double-digit share in key markets, while continually expanding to new markets, the company stated. Campa Energy crossed sales of Rs 1,000 crore. The business saw growing traction in snacks and processed food category with expansion of markets.
Healthy Growth In Fashion And Lifestyle
Spanning across more than 1,300 cities, the fashion and lifestyle business maintained steady performance, supported by festive demand and seasonal assortment execution. The business was partially impacted by festive demand being spread across Q2 and Q3. Within Lingerie business, brands extended into new categories, including the introduction of premium thermal wear and specialised winter outerwear.
Ajio delivered consistent growth throughout the period, driven by promotions and festive buying which resulted in an average basket value increase of 21 per cent YoY. The platform’s product catalogue reached over 2.8 million options, marking a 27 per cent YoY increase driven by the addition of more than half a million new items in the last twelve months.
Ajio Rush expanded its reach to 420 pin codes across ten cities, while the next-day delivery service was scaled to cover the top 26 cities. The company highlighted that Shein booking revenue continued to scale, driven by strong user traction with app installs exceeding 6.5 million and a twofold expansion of the product portfolio to over 50,000 options
The business opened its first store of Hugo Blue, a gen z-focused denim line and the first Steve Madden accessories store located in Delhi. Ajio Luxe continued to expand its catalogue; its brand portfolio grew by 41 per cent YoY, with the option count growing by 21 per cent YoY. The Jewels business recorded strong performance driven by festive and wedding-related demand, resulting in a 73 per cent YoY increase in average bill value.
JioMart And Consumer Electronics
JioMart crossed exit daily orders of 1.6 million and recorded 53 per cent QoQ and 360 per cent YoY growth in average daily orders. Customer acquisition accelerated during the quarter with addition of 5.9 million new customers and total customer base expanded by 43 per cent per cent YoY. Continued addition of dark stores reduced the average delivery distance per order.
The company added that customer loyalty continued to be an industry differentiator, with transaction frequency reaching nearly two-times of competition. JioMart grew its merchant network 22 per cent YoY, along with an expanded catalogue offering increased choice for customers.
The digital stores delivered strong performance during the festive quarter, driven by year-end campaigns and GST-led price resets for air conditioners and televisions. Performance across key categories saw double digit YoY growth, with laptops increasing by 46 per cent, mobiles by 38 per cent, TVs by 25 per cent and appliances by 19 per cent. The Festival of Electronics, the flagship festive campaign, delivered a 32 per cent YoY growth and registered the highest ever single-day sales on Dhanteras, the company noted.
