Reliance Retail’s strong run continues, revenue crosses Rs 1.3 tn in FY19

Reliance Retail continued its strong run for the past few quarters, posting a profit before depreciation, interest, and taxes (PBDIT) of Rs 1,923 crore for the quarter ended March, up 14.5 per cent sequentially on 3.1 per cent revenue growth on expanding retail footprint and same store sales growth.

The segment revenue came in at Rs 36,663 crore, up 3.1 per cent over previous quarter and 51.6 per cent year on year (YoY). The Q4 PBDIT was up 77.1 per cent YoY.

For the full year, segment revenues grew by 88.7 per cent YoY to Rs 1.30 trillion as against Rs 69,198 crore in the previous year. PBDIT for FY19 grew by 145.2 per cent YoY to Rs 6,201 crore as against Rs 2,529 crore in the previous year.

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