Reliance Retail To Scale Online Arm, Expand Dark Stores To Double Operating EBITDA By FY29
Reliance Retail targets 2x operating EBITDA over three years by rapidly scaling JioMart and AJIO Rush, expanding its 600+ dark store network across 1,200 cities, and driving margins through private labels and repeat omni-channel purchases.
Reliance Retail plans to rapidly scale online business, expand dark stores and omni-channel via JioMart and AJIO Rush, targeting positive unit economics and 2x operating EBITDA over three years through private labels, repeat purchases and monetisation.
Why this matters
Reinforces Reliance Retail's recurring FY27-FY29 roadmap to double earnings, previously framed around JioMart, dark stores and AJIO Rush as core omni-channel growth levers.
Omni-channel activity holding steady with 1,192 signals over the last 90 days.