Buoyed by growing demand and good response Mukesh Ambani-owned Reliance Industries in its third quarter financial results said its revenue from the group’s retail arm grew by over 44 percent to Rs 7,749 crore as compared to the corresponding period last year.
“With the start of the festival season and improved process efficiencies, the company witnessed strong same store sales growth ranging from 10 percent to 25 percent across formats over last year,” RIL said in a statement.
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