Download Current Affairs PDF
60 24
at 36 off

250 89
at 161 off

1200 499
at 701 off

Reliance retail became 1st Indian retail company to cross Rs 1 lakh crore in annual revenues

Posted on:22 Apr 2019 11:54:05
Reliance retail became 1st Indian retail company to cross Rs 1 lakh crore in annual revenues
22 April 2019 Current Affairs:

The retail venture of Reliance Industries reported an income of Rs 1,30,556 crore for 2018-19, 89% more than the previous year’s Rs 69,198 crore, the company.
Notably, Reliance Retail is the only Indian retailer to be in the top 100 global retailers list and the 6th fastest growing retailer globally as per the Global powers of retailing 2019, Deloitte.
Mukesh Ambani led Reliance Retail also became the first Indian retailer to cross more than 10,000 stores. It operates 10,415 retail stores in more than 6,600 cities and towns, covering an area of over 22 million sq ft, as on March 31.
For FY19, Reliance Retail added 81 new stores in the grocery consumption basket, taking the total count to 612 Reliance Fresh, SMART and Reliance Market stores as on March 31, 2019.
During the year, Reliance Retail opened 76 new Digital stores, 2,219 Jio stores. It operates more than 8,000 Digital and Jio stores as of March 31.
Compared to that, Future Group, the second biggest retail enterprise in the country, operates about 2,200 outlets nationwide with about Rs 35,000 crore of annual consolidated revenues.

The retail venture of Reliance Industries reported an income of Rs 1,30,556 crore for 2018-19, 89% more than the previous year’s Rs 69,198 crore, the company.
Notably, Reliance Retail is the only Indian retailer to be in the top 100 global retailers list and the 6th fastest growing retailer globally as per the Global powers of retailing 2019, Deloitte.
Mukesh Ambani led Reliance Retail also became the first Indian retailer to cross more than 10,000 stores. It operates 10,415 retail stores in more than 6,600 cities and towns, covering an area of over 22 million sq ft, as on March 31.
For FY19, Reliance Retail added 81 new stores in the grocery consumption basket, taking the total count to 612 Reliance Fresh, SMART and Reliance Market stores as on March 31, 2019.
During the year, Reliance Retail opened 76 new Digital stores, 2,219 Jio stores. It operates more than 8,000 Digital and Jio stores as of March 31.
Compared to that, Future Group, the second biggest retail enterprise in the country, operates about 2,200 outlets nationwide with about Rs 35,000 crore of annual consolidated revenues.


Monthly Current Affairs

Fresherslive telegram Group

Card image cap

Current Affairs Section

Daily Current Affairs Quiz


Daily Current Affairs Videos Video Link
24th June 2019 Current Affairs Video
22nd June 2019 Current Affairs Video
21st June 2019 Current Affairs Video
20th June 2019 Current Affairs Video
19th June 2019 Current Affairs Video
Watch more Current Affairs Videos





Subscribe to Current Affairs

Enter your email to get daily current affairs
SUBSCRIBE
Download Current Affairs PDF
60 24
at 36 off

250 89
at 161 off

1200 499
at 701 off

YEARLY Current Affairs PDF

  • Yearly Current Affairs 2018 PDF


  • Currentt Affairs 2019 June

    25 JUNE
    NEWS
    24 JUNE
    NEWS
    23 JUNE
    NEWS
    22 JUNE
    NEWS

    Currentt Affairs 2019 May

    31 MAY
    NEWS
    30 MAY
    NEWS
    29 MAY
    NEWS
    28 MAY
    NEWS

    Currentt Affairs 2019 April

    30 APRIL
    NEWS
    29 APRIL
    NEWS
    28 APRIL
    NEWS
    27 APRIL
    NEWS




    Crack Competitive Exam Without Coaching SSC, UPSC, Railway, Bank - Buy PDF's @ Rs. 24/- only
    BUY NOW
    ×