Reliance Retail Ventures Ltd (RRVL), the retail arm of Reliance Industries, ramped up its capital expenditure to ₹33,696 crore in FY 2024-25—a steep 37.5% increase over the previous year, as revealed in the latest annual report
Capex Growth & Strategic Focus
The jump in capex—from ₹24,506 crore in FY 2023-24—reflects the company’s renewed focus on infrastructure expansion and network optimization aimed at long-term scalability
Expansion Highlights
- Store Additions: RRVL added 2,659 new stores, bringing its network to 19,340 outlets, the largest in India.
- Customer Base Expansion: Registered customer base crossed 349 million, spanning both physical and digital platforms.
Financial Performance
- Revenue: Gross revenue rose 7.9% to ₹3,30,943 crore.
- EBITDA: Profits before interest, tax, depreciation, and amortization grew 8.6%, reaching ₹25,094 crore.
- Segment Liabilities: Retail segment liabilities increased by 17.33%, hitting ₹87,554 crore in FY 24-25.
Industry Positioning & Future Outlook
Reliance Retail’s aggressive investment and expansion strategy reaffirm its leadership in India’s retail landscape. It is now ranked 40th in Deloitte’s Global Powers of Retailing—the only Indian retailer in the top 100.Business Standard
The capex strategy aligns with broader goals of enhancing operational efficiency, powering omnichannel growth, and driving innovation across retail formats and product portfolios