Reliance Retail Q3 Results: Reliance Retail Ventures Ltd's earnings for the quarter ended December 2025 grew in single digits compared to the same quarter last year. The business conglomerate's retail arm's topline grew by 9.2% to Rs 86,951 crore, compared to Rs 79,595 crore in the year-ago period, while consolidated net profit increased by 2.7% to Rs 3,551 crore from Rs 3,458 crore in the same period last year. Billionaire industrialist Mukesh Ambani-led oil-to-telecom conglomerate declared the third quarter earnings results on Friday, Dec. 16, with its headline earnings closely missing D-Street estimates.
Isha Ambani-led retail major's operating income, denoted as earnings before interest, tax, depreciation and amortisation (Ebitda), rose 1.3% year-on-year to Rs 6,915 crore. Margin also dropped by 60 basis points to 8% from 8.6% in the year-ago period.The retail segment of Reliance Industries Ltd. includes consumer retail and a range of related services. Reliance Retail expanded its store network with 431 new store openings, taking the total store count to 19,979 with area under operation at 78.1 million sq. ft.
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Commenting on Q3 results, Isha M. Ambani, Executive Director, Reliance Retail said, ''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. As we navigate a shifting consumer landscape, we remain steadfast in our vision to redefine Indian retail through innovation and excellence."
Reliance Retail Q3FY26 Results (Cons, YoY)
- Revenue up 9.2% at Rs 86.951 crore versus Rs 79,595 crore
- EBITDA up 1.3% at Rs 6,915 crore versus Rs 6,828 crore
- Margin fell 60 bps to 8% versus 8.6%
- Net profit up 2.7% at Rs 3,551 crore versus Rs 3,485 crore.
Coming to segments, the key categories of grocery maintained growth on a YoY basis with dairy, frozen and bakery growing by 23% in the December quarter. Staples grew by 19%, and packaged foods grew by 15%. High-traction categories included namkeen (+40%), chocolates (+32%), sweets (+10%), and dry fruits (+13%), according to Reliance Retail Ventures Ltd.
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JioMart platform crossed exit daily orders of 1.6 million and recorded 53% sequential growth and over 360% annual growth in average daily orders. Customer acquisition accelerated during the December quarter with the addition of 5.9 million new customers and total customer base expanded by 43% YoY. Ajio's growth was driven by promotions and festive buying which resulted in an average basket value increase of 21% YoY.
Reliance Retail Segments: Key Metrics
Ajio Luxe continued to expand its catalogue; its brand portfolio grew by 41% YoY, with the option count growing by 21% YoY. The jewels business was driven by festive and wedding-related demand, resulting in a 73% YoY increase in average bill value. Reliance Retail highlighted that its performance across key categories saw a double digit YoY growth, with laptops increasing by 46%, mobiles by 38%, TVs by 25%, and appliances by 19%.
The 'Festival of Electronics', the flagship festive campaign, delivered a 32% YoY growth and registered the highest ever single-day sales on Dhanteras. The JioMart Digital business expanded its merchant partner base, recording its highest ever quarterly sales figures within the mobile phone and TV categories.
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Ahead of the announcement of Q3FY26 results, shares of Reliance Industries ended 0.15% higher at Rs 1,461 on the NSE, compared to a 0.11% rise in the benchmark Nifty 50. The blue-chip stock has dropped over 5% in one month, but has registered a gain of over 15% in the last one year, according to stock exchange data. Reliance commands a market cap of Rs 19,77,094.25 crore.
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