There are numerous reasons why Reliance Retail Venture Limited shares are profitable. The company has consistently prioritized customer satisfaction. And the service-centric approach has resulted in increased engagement and footfall, resulting in robust revenue and earnings figures across consumer businesses. Continuous improvement and value-added services, aggressive acquisition of startups and foresight, and extensive festive offers during Dussehra, Diwali, Holi, Black Friday, and Christmas gained significant traction with customers, resulting in higher sales.
In F21, the company generated a total revenue of Rs. 1,31,926 crore, with EBITDA and PAT of Rs. 8312 crore and Rs. 4586 crore, respectively. However, EBITDA and PAT decreased by 11% and 17%, respectively. Reliance Retail intends to create a single app for everything, a one-stop shop for all of your needs. It is managed by Reliance Industries Limited, which owns 85.12 percent of the company. It is the fastest growing, largest, and most profitable company in India.