For Reliance Retail, shoring up margins an open-and-shut case

Reliance Retail strategically closed 2,155 stores in FY25 to enhance operational efficiencies and margins, more than doubling closures from the previous year. Despite these closures, the company opened 2,659 new stores, resulting in a net addition of approximately 500 outlets. This rationalization, coupled with streamlining business operations, contributed to a 20 basis point increase in Ebitda margin, reaching 9%.