Reliance Retail focuses on disciplined JioMart expansion, targets profitability from FY28
CFO Dinesh Taluja stated the company is investing in delivery speed and reliability through a hyperlocal network. The company is scaling quick commerce while shutting down underperforming large-footprint stores.
Key points
- Targeting profitability from FY28
- Expanding dark store network for quicker delivery
- Online grocery revenue grew 42% in Q2/FY27
- Focus on balanced unit economics in e-commerce
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