Reliance Retail's FY26 profit lift driven by ₹40,000 cr loan-to-OFCD swap, not operations

RRVL's ₹3,503 cr profit jump to ₹13,476 cr came almost entirely from converting interest-bearing parent loans into zero-coupon OFCDs, cutting finance costs to ₹1,510 cr from ₹4,725 cr. The optical clean-up arrives ahead of an eventual retail listing, with RIL holding 83.56% and the chain spanning 3,100 stores across 1,200 cities.

RRVL's ₹3,503 cr profit jump to ₹13,476 cr came almost entirely from converting interest-bearing parent loans into zero-coupon OFCDs, cutting finance costs to ₹

Mint · Companies · 5/30/2026, 12:25:44 AM · Ask about this →

Reliance Retail + Burberry + Giorgio Armani + Reliance Brands + Reliance Industries + Reliance Retail Ventures + Valentino +