Thu Jan 16 20:15:05 UTC 2025: ## Reliance Retail Reports Strong Q3 FY25 Results: Revenue and EBITDA Surge

**Mumbai, January 17, 2025** – Reliance Retail, the retail arm of Reliance Industries, today announced robust results for the third quarter of fiscal year 2024-25 (Q3 FY25). The company reported a significant increase in both revenue and EBITDA, driven by strong consumer demand.

Revenue for the quarter jumped 9% year-on-year to ₹90,351 crore (approximately $10.9 billion USD), compared to ₹83,040 crore in the same period last year. EBITDA also saw a 9% year-on-year increase, reaching ₹6,840 crore (approximately $828 million USD), up from ₹6,271 crore. EBITDA margin remained stable at 7.6%.

Reliance Retail’s expansion continued with the addition of 779 new stores during the quarter, bringing the total store network to 19,102 – a 1.7% increase. Footfalls across all retail formats reached 296 million, a 5% year-on-year rise.

Reliance Industries Chairman Mukesh Ambani attributed the strong performance to consistent consumer demand and the effective leveraging of festive season spending. He highlighted the retail segment’s significant contribution across all formats.

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**(Note: Currency conversions are approximate and based on current exchange rates. The original Hindi text mentions a connection between Moneycontrol and Reliance Industries, which is included in the disclaimer.)**

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