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  5. Reliance Retail Q3 FY26: RIL vertical reports strong quarter as revenue rises 8% YoY; everything investors should know

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Reliance Retail Q3 FY26: RIL vertical reports strong quarter as revenue rises 8% YoY; everything investors should know

Ahana Chatterjee - image.jpg
By Ahana Chatterjee

3 min read | Updated on January 16, 2026, 19:43 IST

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SUMMARY

The Isha Ambani-led vertical also noted that the demerger of its consumer products division was completed during the quarter

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RELIANCE
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Reliance Retail noted that the continued addition of dark stores helped reduce the average delivery distance per order. | Image: Shutterstock

Reliance Retail noted that the continued addition of dark stores helped reduce the average delivery distance per order. | Image: Shutterstock

RIL Q3 earnings: Reliance Industries arm Reliance Retail on Friday, January 16, reported a steady quarter ended December 31, 2025, with revenue rising 8.1% year-on-year (YoY) to ₹97,605 crore from ₹90,351 crore.
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Reliance Retail said it reported EBITDA of ₹6,915 crore during the quarter, with an EBITDA margin of 8%. It added that EBITDA before investment income stood at ₹6,770 crore.

The Isha Ambani-led vertical also noted that the demerger of its consumer products division was completed during the quarter.

In the reporting quarter, the business expanded its store network with 431 new store openings, taking the total store count to 19,979 with area under operation at 78.1 million sq. ft. The registered customer base grew to 378 million.

“Reliance Retail delivered a steady quarterly performance, serving millions of customers across their shopping needs. By prioritising trend-focused assortments and seamless omni-channel experiences, we continue to foster strong customer engagement and loyalty,” said Isha M. Ambani, Executive Director of Reliance Retail Ventures.

Segment wise updates

In the grocery segment, the company said the business delivered consistent performance, supported by an uptick in festive demand. Key categories recorded strong year-on-year growth, with Dairy, Frozen and Bakery rising 23%, Staples growing 19%, and Packaged Foods increasing 15%. The festive momentum was further sustained through a focused push on food gifting, with high-traction categories such as namkeen, chocolates, sweets and dry fruits registering robust growth.
In Q3 FY26, JioMart maintained its operational footprint across more than 5,000 pin codes and over 1,000 cities, supported by a network of 3,000-plus stores. The platform crossed exit daily orders of 1.6 million and reported 53% quarter-on-quarter (QoQ) and over 360% year-on-year (YoY) growth in average daily orders, positioning it as the fastest-growing player in hyper-local commerce.

The company added that customer acquisition accelerated during the quarter, with 5.9 million new customers added, taking the total customer base up 43% YoY. Reliance Retail also noted that the continued addition of dark stores helped reduce the average delivery distance per order.

The Fashion & Lifestyle vertical of Reliance Retail maintained steady performance, supported by festive demand and seasonal assortment execution, partially impacted by festive demand being spread across Q2 and Q3.
Furthermore, the jewels business recorded strong performance driven by festive and wedding-related demand, resulting in a 73% YoY increase in average bill value.
In the consumer electronics segment, Reliance Retail said its digital stores delivered strong performance during the festive quarter, driven by year-end campaigns and GST-led price resets for air conditioners and televisions.

“As we navigate a shifting consumer landscape, we remain steadfast in our vision to redefine Indian retail through innovation and excellence,” Isha Ambani added.

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About The Author

Ahana Chatterjee - image.jpg
Ahana Chatterjee is a business journalist with 7 years of experience across several leading news platforms. At Upstox, she covers stock markets and corporate news.

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