Reliance Retail Targets 2x EBITDA by FY29, Scales JioMart and Dark Stores

CFO lays out FY27-FY29 roadmap emphasizing online growth: omni-channel spend already running 2.7x offline levels, digital orders up 116% YoY, and AJIO Rush orders surging 136% sequentially, as private labels and marketplace income anchor the push to double operating EBITDA.

— Filed Mon, 20 Jul, 2026, 09:06 IST · Source ET Retail · Updated

Reliance Retail's CFO outlines three-year plan to scale JioMart, dark stores, and omni-channel retail, targeting 2x EBITDA via private labels and marketplace income by FY29.