Reliance Retail reports strong growth in Q4 and FY 2018
Reliance Retail reported Q4 and FY 2019 results for the year ending March 31, 2019. For the Q4 the retailer reported revenue growth of 51.6% to INR366 billion (USD5.1 billion) as against INR242 billion (USD3.3 billion) in Q4 FY18. For the full year, the retailer reported an 89% jump in income. Reliance Retail has added 510 stores during Q4 FY19 and 2,829 storaes in the entire fiscal year of 2019.