Reliance Retail has acquired Priyanka Chopra Jonas’ global haircare brand Anomaly, aiming to expand its beauty and personal care footprint. Known for clean, vegan, and affordable products, Anomaly is set to be scaled in India and internationally, with Priyanka continuing as Creative Director. The deal strengthens Reliance’s push into the beauty market.
Reliance Industries logged a record net profit of Rs 95,610 crore in FY26, becoming the first Indian company to cross $10 billion in annual profit. While quarterly earnings slipped due to the oil-to-chemicals segment, Jio and Reliance Retail kept growing fast, with retail pushing past 20,000 stores and strengthening the company’s consumer momentum.
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Reliance Retail Ventures expanded its four-hour apparel quick-delivery service Ajio Rush to 600+ cities by end-March 2026, a massive leap from 10 cities a quarter earlier. It is also experimenting with two-hour apparel deliveries. Alongside, JioMart’s hyperlocal orders grew sharply, while Reliance Retail’s profit saw only a marginal rise.
Reliance Retail Ventures reported modest profit growth even as revenue rose strongly, with heavy spending on quick commerce weighing on margins. The company expanded hyperlocal delivery alongside FMCG offerings and its store network, helping it build scale. Investors will now watch whether margin pressure eases as the rapid expansion translates into deeper market penetration.
Reliance Industries’ March-quarter net profit fell 12.6% as pressure in its oil-to-chemicals (O2C) business weighed on earnings. Offsetting the drag, consumer-focused arms such as Jio Platforms and Reliance Retail delivered solid performance. Despite the quarterly dip, the company reported record full-year profit and revenue and declared a Rs 6 per share dividend for FY26.
Reliance Retail led by Isha Ambani is relaunching its quick commerce push with a redesigned model, signaling a shift from the earlier approach. The question now is whether this second innings can overcome customer expectations, operational costs, and intense competition—while building a sustainable edge in India’s fast delivery race.
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Zivame, the early home-shopping lingerie brand launched in 2011, is still running losses in 2024 despite being backed by parent Reliance Retail. The question now is whether high customer acquisition costs, stiff competition, and operational inefficiencies prevented growth from translating into profits. Can Zivame finally find a scalable fit and turn around soon?
While investors watch Reliance Jio’s subscriber gains and Reliance Retail’s relentless expansion, the company’s upstream oil and gas business has been quietly thriving. It delivered one of its best years ever, emerging as Reliance’s most profitable unit. The shift highlights how earnings may be driven by energy even as newer consumer bets dominate headlines.
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