Reliance Industries has announced the results for the quarter ended December. Reliance Retail's income has increased to Rs 90351 crore in the quarter ended December 2024, which is an increase of 8.8 percent from Rs 83040 crore in this quarter a year ago. During this period, the EBITDA of retail has increased from Rs 6,271 crore year-on-year to Rs 6,840 crore. This increase in EBITDA is 9.1 percent. EBITDA margin remained unchanged at 7.6 percent.

Reliance Retail reported a profit after tax of Rs 3,485 crore for the third quarter, an increase of 10.1 per cent year-on-year. The company said that the number of stores has increased by 1.7 per cent to 19102 as of December 31. The company opened 779 stores in Q3. More than 296 million footfalls were recorded in this quarter, an increase of 5 per cent year-on-year.

Reliance Retail's excellent performance Isha M Ambani, Executive Director, Reliance Retail Ventures Limited, said, "Reliance Retail has performed brilliantly this quarter on the strength of festive shopping. Our focus was on diverse and great products at low prices, which attracted customers to our stores and digital platforms. " He said, "We are doing express delivery and scheduled delivery through JioMart. Milkbasket is also offering a great shopping experience along with subscription services, understanding the preferences of the customers. " The company's stock closed at Rs 1,275 on Thursday with a gain of 1.82 per cent. In the last one year, the company's stock has seen a decline of 7.25 per cent. Disclaimer: Network18 and TV18 companies operate channels/websites which are controlled by Independent Media Trust, in which Reliance Industries is the sole beneficiary.