Reliance Retail bets on JioMart and dark stores to double EBITDA by FY27
Reliance Retail unveiled a three-year roadmap to scale JioMart online, expand its 600+ dark store network across 1,200 cities and 5,100 pin codes, and lift omni-channel reach. It targets 2x operating EBITDA via private labels, higher repeat rates and better unit economics. Digital orders rose 116% YoY; AJIO Rush jumped 136% QoQ.
Reliance Retail outlined a three-year roadmap to rapidly scale JioMart online business, expand dark stores and omni-channel reach, targeting 2x operating EBITDA via private labels, higher repeat rates and improved unit economics.
Why this matters
Reinforces Reliance Retail's push to double earnings, echoing prior plans to lift pre-tax profit by FY29 and scale quick commerce as JioMart daily orders surged 300%.
Omni-channel activity holds steady with 1,177 signals in 90 days.