Reliance Retail

Reliance Retail
Company type	Subsidiary
ISIN	INE002A01018
Industry	Retail
Founded	2006
Founder	Mukesh Ambani
Headquarters	Mumbai, Maharashtra, India
Number of locations	18,000 (2023)
Area served	India
Key people	Mukesh Ambani; (Chairman); Isha Ambani; (Managing Director);
Services	Supermarket; Hypermarket; Cash & carry; Warehouse; Grocery store; Superstore; Convenience shop;
Revenue	₹260,364 crore (US$33 billion) (2023)
Operating income	₹12,130 crore (US$1.5 billion) (2023)
Net income	₹9,181 crore (US$1.1 billion) (2023)
Total assets	₹168,311 crore (US$21 billion) (2023)
Owner	Reliance Industries (85.12%); Vanishree Commercials (4.7%); Infotel Infocomm (0.6%); Sovereign wealth funds (5.86); Private equity firms (4.32%); ;
Number of employees	245,581 (2023)
Parent	Reliance Industries
Subsidiaries	Reliance Fresh; Reliance Smart; Reliance Centro; Reliance Digital; Reliance Trends; Reliance Trends Footwear; Jio Stores; Justdial; Hamleys; JioMart; AJIO; Urban Ladder; Netmeds; Centro;
Website	relianceretail.com

Reliance Retail is an Indian retail company and a subsidiary of Reliance Industries. Founded in 2006, it is the largest retailer in India in terms of revenue. Its retail outlets offer foods, groceries, apparel, footwear, toys, home improvement products, electronic goods, and farm implements and inputs. As of 2023, it has over 245,000 employees at 18,000 store locations in 7,000 towns. Apart from physical stores, the company also sells products on its e-commerce channels.

As of August 2023, the company is valued at $100 billion.

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