16.00 (1.16%) Reliance Industries’ (RIL) - retail arm - Reliance Retail has achieved record performance in sales and profits for the full year ended March 31, 2014. The total revenue grew by 34% to Rs 14,496 crore and this achievement was in spite of the continued challenging macroeconomic environment.
The retail business has established market leadership in mostly all of the sectors it operates in. The company added 225 stores and 2.7 million operating square feet in the year across the sectors.
Reliance Retail operated 1,691 stores across 146 cities, with 11.7 million of operating square feet, as on 31st March 2014.