Reliance Retail maps FY27-FY29 push into online, dark stores; targets 2x operating EBITDA
CFO Dinesh Taluja outlined a three-year roadmap to scale JioMart, AJIO and quick commerce via 600 dark stores across 1,200 cities. AJIO Rush orders rose 136% sequentially, digital orders 116% YoY, with omni-channel shoppers spending 2.7x more. Private labels and repeat rates anchor the EBITDA-doubling ambition.
Reliance Retail CFO Dinesh Taluja outlined a three-year roadmap to rapidly scale online, expand dark stores, grow JioMart and omni-channel, targeting 2x operating EBITDA via private labels, higher repeat rates, basket size and positive unit economics per market.
Why this matters
Reinforces Reliance Retail's repeated pledge to double EBITDA via JioMart, dark stores and AJIO Rush, now with a defined FY27-FY29 timeline and 600-store dark store target.
Omni-channel remains steady with 1,185 signals tracked over the last 90 days.
Also reported by
- Mint · Companies — Same time