Reliance Retail is now shifting gears towards high-growth areas like premium grocery quick commerce and its expanding line of consumer brands as the company moves from expansion to enhancing profitability and market reach. With its store network now largely optimized the focus is on scaling strategically. “We’ve completed much of the consolidation we set out to do this year” said Dinesh Taluja Chief Financial Officer during the company’s post-earnings conference on April 25. He noted that despite opening 2659 new outlets in FY25 the net increase in stores was around 500 due to ongoing restructuring. Future expansion will span across the company’s entire portfolio. Reliance Retail recorded robust gains in both revenue and profit driven by smarter operations innovative retail formats a more refined product offering and sustained investment in technology and customer engagement. “Our goal is to lead the retail transformation with agility and purpose” said Isha Ambani Executive Director of Reliance Retail Ventures Ltd. Premium retail and quick commerce drive momentum at Reliance Retail Reliance Retail is seeing strong traction in its premium retail formats and rapid delivery services. In a strategic move to tap into the growing quick commerce trend Reliance Retail’s fashion and lifestyle platform Ajio led by Isha Ambani has rolled out same-day and next-day delivery services across major Indian metros including Bengaluru Mumbai Delhi Hyderabad and Chennai. The express delivery feature covers both international luxury labels like Diesel and Emporio Armani as well as Reliance’s homegrown brands such as Buda Jeans and Fyre Rose. According to the company’s latest investor presentation Ajio added 1.9 million new customers in the recent quarter and deepened its offerings by integrating Chinese fast fashion giant Shein across its app website and store-in-store experiences. This development comes as competitors in the fashion-tech space ramp up their own quick delivery services. Myntra launched its 30-minute delivery initiative M-Now last December while Nykaa has also started offering same-day and next-day delivery options in select urban markets. The company also noted a surge in demand for high-end and niche products especially in categories like gourmet grocery. Flagship premium brands such as Freshpik and Go Fresh are witnessing increased customer interest particularly in affluent urban locations. Footfall has notably risen among younger demographics with premium coffee and healthy snacks registering double-digit growth in demand. “Grocery led the pack this quarter delivering the highest growth across our portfolio. Our stores continue to set the benchmark with their performance” said CFO Dinesh Taluja. At the same time Reliance is rapidly expanding its quick commerce business via JioMart. The platform’s under-30-minute delivery service is scaling quickly posting a 62 per cent year-on-year jump in average daily orders. The delivery network now comprises nearly 2000 stores and reaches over 4000 PIN codes across the country. “We’ve completely restructured our quick commerce model to focus on ultra-fast delivery. We expect this to grow significantly in the coming year” Taluja stated. Additional growth came from seasonal demand surges. Early summer temperatures boosted air conditioner sales while the consumer electronics segment saw a 26 per cent rise in average billing amounts in the March quarter. Jewelry sales also saw strong gains with a 20 per cent rise in average bill value fueled by soaring gold prices. Q4 results Reliance Retail the retail division of India’s most valuable conglomerate posted a strong 29 per cent rise in net profit for the fiscal fourth quarter driven by aggressive store expansion and diversification across retail formats. For the quarter ended March 31 net profit climbed to Rs. 3545 crore up from Rs. 2746 crore in the same period last year. Consolidated revenue also saw robust growth rising 16 per cent year-on-year to Rs. 88620 crore from Rs. 76627 crore. The company reported a 15 per cent increase in its registered customer base which now stands at 349 million. Transaction volumes also rose by 11 per cent to reach 1.39 billion underscoring continued momentum across its growing retail footprint.