Reliance Retail Q2 Earnings: Net Profit Rises 22%, Revenue Hits Rs 90,544 Crore

Reliance Retail reports 22% YoY rise in net profit for Q2 FY26 at Rs 3,457 crore.

Revenue grows 19% YoY to Rs 90,544 crore, driven by grocery, fashion, and festive season sales.

Retail expansion and JioMart growth support rising customer base and store footprint.

Reliance Retail Q2 Earnings: Strong Profit Growth

Reliance Retail Q2 earnings saw a 22% year-on-year jump in net profit, climbing to Rs 3,457 crore in the July–September 2025 quarter.
This strong growth reflects the company’s expanding retail footprint, festive season sales, and diversified business segments, which include grocery, fashion, and lifestyle products.
For comparison, the same period last year recorded a net profit significantly lower, highlighting the continued momentum in Reliance Retail’s operations under Isha M. Ambani’s leadership.

Reliance Retail Revenue Growth: 19% YoY to Rs 90,544 Crore

Reliance Retail revenue growth accelerated to Rs 90,544 crore, a 19% increase from Rs 76,325 crore in Q2 FY25.
The revenue growth is supported by increased store openings, expanding customer base, and higher festive sales, particularly in grocery and fashion categories.
Revenue in the previous quarter, Q1 FY26, stood at Rs 84,172 crore, showing sequential growth as well.

Reliance Retail EBITDA Performance and Margins

Reliance Retail Q2 earnings included a business EBITDA of Rs 6,817 crore, up from Rs 5,861 crore in Q2 FY25.
However, the EBITDA margin slightly fell to 7.5% from 7.7% in the same period last year.
This small decline in margin was offset by higher overall revenue and volume growth, keeping the business financially robust. For Q1 FY26, EBITDA margin was 7.6%, indicating steady operational efficiency.

Reliance Retail Store Expansion Boosts Growth

Reliance Retail Q2 earnings highlight aggressive store expansion. The company added 412 new locations, increasing total stores to 19,821.
The total area under operation reached 77.8 million square feet, enhancing the company’s market presence across India.
This expansion supports both footfall-driven sales and brand visibility, reinforcing Reliance Retail’s leadership in the Indian retail sector.

JioMart Growth Drives Customer Base

Reliance Retail revenue growth was further supported by JioMart’s expansion.
JioMart added 5.8 million new customers, a 120% quarter-on-quarter increase, boosting its registered customer base to 369 million.
This growth underscores Reliance Retail’s digital integration strategy and its ability to capture online grocery and lifestyle demand alongside physical store operations.

Segment-Wise Performance: Grocery and Fashion Lead

Reliance Retail Q2 earnings show strong performance across key segments.

• Grocery business climbed 23% YoY, fueled by festive shopping and increasing digital adoption through JioMart.

• Fashion and lifestyle segment grew 22% YoY, benefiting from retail expansion and seasonal demand.
  The combined strength of these segments highlights Reliance Retail’s diversified revenue model and ability to capture multiple consumer segments.

Reliance Retail Q2 Earnings Outlook

Reliance Retail Q2 earnings indicate sustainable growth driven by operational expansion, digital adoption, and festive demand.
With nearly 20,000 stores nationwide, a rapidly expanding JioMart customer base, and diversified product offerings, the company is well-positioned to maintain revenue momentum and profitability in upcoming quarters.
Isha M. Ambani’s leadership continues to drive innovation and operational efficiency, making Reliance Retail a key growth engine for Reliance Industries.

Key Takeaways for Investors

Reliance Retail Q2 earnings provide several insights for investors:

1. Strong profit and revenue growth validate the company’s market leadership in Indian retail.

2. Store expansion and digital adoption via JioMart ensure continued market penetration.

3. Segment diversification in grocery and fashion mitigates risk and drives consistent growth.

Investors can expect Reliance Retail to remain a key performer in the retail sector, with potential for further growth from both physical and digital channels.