Reliance Retail plans expansion with dark stores to boost quick commerce growth
Reliance Retail has reported a significant 2.4x growth in its quick commerce segment for the March quarter, with plans to expand by establishing dark stores to increase coverage.
The company’s CFO, Dinesh Taluja, highlighted the strong traction of its hyper-local delivery service, which covers 4,000 pin codes across India via its existing stores.
The quick commerce services, including under-30-minute, scheduled, and subscription-based deliveries, have seen a 62 per cent year-on-year growth in daily orders.
Taluja emphasized that the company is focused on leveraging its store network to deliver within a 3-kilometre radius, with plans for dark stores in areas with high demand.
In addition to quick commerce, Reliance Retail’s online fashion business, Ajio, has introduced same-day and next-day deliveries across 26 cities.
The company reported a gross revenue of Rs 3.30 trillion and an 11.33 per cent increase in profit after tax for FY 2024-25.
