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Reliance Retail Q3 gross revenue up 8.7% to Rs 90,333 cr, profit up 10% to Rs 3,458 cr

Digital commerce and new commerce contributed to 18 per cent of the total revenue of Reliance Retail as it continued to scale these new-age channels New Delhi: Reliance Retail Venture Ltd. (RRVL) — the retail arm of billionaire Mukesh Ambani-led Reliance Industries — reported an 8.75 per cent increase in gross revenue to Rs 90,333 crore while its profit after tax (PAT) rose 10 per cent to Rs 3,458 crore for the December quarter, helped by pick-up in festive demand. The company had reported a gross income of Rs 83,063 crore and PAT of Rs 3,145 crore in the year-ago period, Reliance Industries Ltd (RIL) said in a regulatory filing. Reliance Retail’s revenue from operation during the quarter was up 7 per cent to Rs 79,595 crore from Rs 74,373 crore a year earlier. Digital commerce and new commerce contributed to 18 per cent of the total revenue of Reliance Retail as it continued to scale these new-age channels. The pre-tax profit (EBITDA) of the country’s leading retailer was also u...
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How One Global is redefining retail and recreation in Gurugram

Conceived as Gurugram’s first Sociozone, One Global stands out with its unique concept, blending high-street ambience with hyperlocal convenience. New Delhi: Capital Developers is all set to unveil One Global, an upcoming landmark project in Sector 73, Gurugram, that promises to transform the retail and lifestyle landscape of the city. Conceived as Gurugram’s first Sociozone, One Global stands out with its unique concept, blending high-street ambience with hyperlocal convenience. The project is designed to offer a one-of-a-kind retail and recreation space, catering to the growing demand for premium shopping experiences while also serving as a social hub for residents and visitors alike. With a planned handover by October 2025, it promises to deliver a vibrant, high-quality destination that sets new standards in retail and lifestyle offerings. Unique Edge One of the key attractions of One Global is its waterfront retail experience, which is designed to become a central feature in G...
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Over the next few years, Tibb’s Frankie envisions doubling its store count to 400: Harpreet Singh Tibb, Director

Harpreet Singh Tibb, Director of Tibb’s Frankie speaks about his professional challenges and accomplishments in the retail industry Tibb’s Frankie, the homegrown fast-food chain known for its wraps called ‘Frankies,’ boasts a legacy spanning 54 years. The brand redefined street food with its globally inspired rolls deeply rooted in Indian culinary traditions. The journey began in 1967 when Amarjit Singh Tibb, on his way back to India via Beirut, tasted the famed pita bread. Inspired by this experience, he and his co-founder and wife, Surinder Kaur Tibb, began experimenting with recipes. After months of innovation, they introduced the freshly prepared Indian snack “Tibb’s Frankie” in 1969. Initially, they served their mutton curry rolled in roti from the backseat of their car near Powai Lake, Mumbai. Interestingly, the product had no name until 1969. During a historic India vs. West Indies cricket match, Tibb heard the crowd cheer ‘Frankie’ for West Indies cricketer Frank Worrell aft...
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Organised jewellery industry to likely see 17% revenue growth in FY26: India Ratings

Organised jewellers’ credit metrics in FY26 are expected to be supported by rising scale and absolute profit coupled with the adoption of a new model for expansion Mumbai: India’s organised jewellery industry is expected to witness revenue growth of 17 per cent in 2025-26 on wedding season and investment demand, said India Ratings report on Wednesday. “The importance of gold in weddings, where it holds deep, sentimental, and cultural value, and as an adornment, will help largely maintain gold jewellery volumes, moreover, the investment demand is likely to be boosted by the prevailing global geopolitical and macro-economic uncertainty and the relative outperformance of the asset class,” the report said. Organised jewellers’ credit metrics in FY26 are expected to be supported by rising scale and absolute profit coupled with the adoption of a new model for expansion. In addition, improved funding availability will benefit the organised gems and jewellery industry, especially for play...
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Future Tech beyond AI: NRF 2025 explores biometrics, computer vision

As the retail industry embraces a future beyond AI, innovations like computer vision, biometrics, and sensor technology are set to redefine customer experiences and operational strategies New Delhi:  At NRF 2025: Retail’s Big Show, leaders from H&M, Qurate Retail Group, and Tapestry came together for an insightful panel discussion on emerging technologies shaping the retail industry. Moderated by Brendan Witcher, Principal Analyst at Forrester Research, the session explored innovations like biometrics, computer vision, and ambient intelligence while examining how generative AI is being leveraged for hyper-personalization and operational efficiency. Karen Etzkorn, Chief Information Officer of Qurate Retail Group, outlined her company’s strategy to enhance social, streaming, and digital commerce. “The game-changing opportunity lies in using AI to analyze live content and create smaller, impactful snippets that can drive product sales through social channels,” Etzkorn said. AI’s...
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Jewellery brand Tribe Amrapali expands its presence in Lucknow and Chennai

The Lucknow outlet, its 28th in India, is located at Le Press, while the 29th store is at Chennai Airport Bengaluru: Fashion jewellery brand Tribe Amrapali, a sub-brand of House of Amrapali, has expanded its retail footprint with two new store openings in Lucknow and Chennai. The Lucknow outlet, its 28th in India, is located at Le Press, while the 29th store is at Chennai Airport. “We are thrilled to expand our presence in Lucknow and Chennai and bring our creations to a space that connects people from around the world and to offer them a chance to take home a piece of India’s heritage,” said Akanksha Arora, CEO of Tribe Amrapali, in a press release. Founded by Arora in March 2013, the online-first brand Tribe Amrapali specialises in silver, gold-plated silver, and fashion jewellery, with retail stores in cities including Bengaluru, Ahmedabad, Goa, Hyderabad, Mumbai, Pune, Vadodara, Kolkata, Jaipur, Noida, Delhi, Guwahati, Prayagraj, and Jammu. The post Jewellery brand Tribe Amra...
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Aditya Birla Fashion and Retail to raise Rs 2,378 crore from promoters, market

The board has approved a proposal to issue up to 4.08 crore shares of face value of Rs 10 each at issue price of Rs 317.45 aggregating Rs 1,297.50 crore to Pilani Investment and Industries Corporation New Delhi: Aditya Birla Fashion and Retail Ltd (ABFRL) on Wednesday said its board has approved raising Rs 2,378.75 crore from promoters and market. The board has approved a proposal to issue up to 4.08 crore shares of face value of Rs 10 each at issue price of Rs 317.45 aggregating Rs 1,297.50 crore to Pilani Investment and Industries Corporation, a promoter group entity. Moreover, up to 3.96 crore shares of face value of Rs 10 each at issue price of Rs 272.37 aggregating Rs 1,081.25 crore will be issued to Qualified Institutional Buyers under non-promoter category, a regulatory filing said. The investors are – Fidelity Blue Chip Growth Fund, Fidelity Blue Chip Growth Commingled Pool, Fidelity Blue Chip Growth K6 Fund, Fidelity Series Blue Chip Growth Fund and FIAM Target Date Blue ...
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