###Reliance Retail Nears 20,000 Stores, Crosses 500 Million Transactions in Q3 FY26

Mumbai: Reliance Industries’ retail arm continues its strong growth momentum in the third quarter of FY2025–26, expanding its footprint, deepening customer reach, and accelerating digital commerce at scale.

During Q3, Reliance Retail added 431 new stores, taking its total store count to 19,979, placing it just a step away from the 20,000-store milestone. With this expansion, the company further strengthened its position as India’s largest retail network, serving an impressive 370.8 million registered customers nationwide.

JioMart emerged as a key growth engine this quarter, with daily orders crossing 1.6 million. Average daily orders grew 53% quarter-on-quarter and surged by over 360% year-on-year, making JioMart one of the fastest-growing hyperlocal commerce platforms in India.

Reliance Retail recorded over 500 million transactions during the quarter, reflecting a robust 47.6% year-on-year growth in customer activity and engagement.

On the financial front, the retail business posted revenue of ₹97,605 crore, marking a year-on-year increase of 8.1%. EBITDA stood at ₹6,915 crore, with a healthy EBITDA margin of 8.0%, underlining operational resilience amid evolving consumer trends.

The quarter also saw the implementation of the demerger of the Consumer Products business, enabling a more focused organizational structure and sharper strategic execution across business verticals.

Commenting on the performance, Isha M. Ambani, Executive Director, Reliance Retail Ventures Limited, said:
“Reliance Retail delivered a strong performance this quarter, successfully catering to the diverse shopping needs of millions of customers. By prioritizing trend-focused products and a seamless omni-channel experience, we continue to build deeper customer engagement and loyalty. Despite changing consumer dynamics, we remain firmly committed to redefining Indian retail through innovation and excellence.”

With rapid store expansion, surging digital adoption, and sustained financial performance, Reliance Retail continues to set new benchmarks in the Indian retail landscape.