November 25, 2017 7:39 AM ET

Multiline Retail

Company Overview of Reliance Retail Limited

Company Overview

Reliance Retail Limited operates supermarkets, hypermarkets, wholesale cash and carry, convenience, and specialty stores. The company has been set up to initiate, acquire, set-up, construct, establish, maintain, run, operate, and manage business centers, hypermarkets, departmental stores, supermarkets, shopping malls, discount stores, specialty stores, shopping outlets, convenience stores, etc. Its retail outlets offer foods, groceries, apparel and footwear, lifestyle and home improvement products, electronic goods, and farm implements and inputs. The company’s outlets also provide vegetables, fruits, and flowers. It focuses on consumer goods, consumer durables, travel services, energy, ente...

Court House

3rd Floor

Lokmanya Tilak Marg

Dhobi Talao

Mumbai,  400002


Founded in 1998


91 22 6767 3800

Key Executives for Reliance Retail Limited

President and Chief People Officer
Chief Operating Officer of Value Formats
Head of Reliance Brands
Senior VP & Head of Information Technology
Age: 63
Compensation as of Fiscal Year 2017.

Reliance Retail Limited Key Developments

Reliance Retail Appoints Vikram Idnani as Senior Vice President and Head of Information Technology

Reliance Retail has appointed Vikram Idnani as its senior vice president and head of information technology. Prior to this appointment, Idnani worked for Trent Ltd. as its head- information technology and chief ethics counsellor. He has also worked for Syntel Inc, Hi Tech Consultants Inc. and Tata Consultancy Services.

Reliance Retail Reports Earnings Results for the Fourth Quarter and Full Year of Fiscal 2017

Reliance Retail reported earnings results for the fourth quarter and full year of fiscal 2017. For the quarter, the company reported 65.6% increase in profit before depreciation interest and taxes (PBDIT) year-on-year to INR 3660 million. Revenue grew 83% year-on-year to INR 103,320 million. For the full year, the PBDIT grew 40.4% to INR 12,030 million, driven by growth across all consumption baskets. Revenues grew by 60.2% year-on-year to INR 337,650 million from INR 210,750 million. Key revenue growth drivers for the year were digital and petroleum retailing segments.

Reliance Retail Announces Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2016

Reliance Retail announced earnings results for the fourth quarter and full year ended March 31, 2016. For the quarter, the company reported revenue of INR 57,810 million against INR 47,880 million a year ago. PDBIT was INR 2,350 million against INR 2,000 million a year ago.

Recent Private Companies Transactions

No transactions available in the past 12 months.

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