-15.85 (-1.13%) Reliance Industries’ (RIL’s) retail business, that includes flagship stores Reliance Fresh and Reliance Trends has posted a sale of over Rs 10,000 crore in FY13. The retail business of the RIL has already achieved a cash break-even of Rs 78 crore during 2012-13. This includes earnings before depreciation, finance cost and tax expense.
Further, RIL plans to invest Rs 1.5 lakh crore over three years. Most of the company’s expansion will come when global economy recovers. The company will expand the capacity of its petrochemical plant to 25 mtpa from 15 mtpa.