India, April 25 -- It was business as usual as digital and new commerce businesses continued to account for 18% of Reliance Retail's total revenue in the fourth quarter (Q4) of the financial year 2024-25 (FY25).

Overall, Reliance Retail's operating revenue jumped 16.3% to INR 78,622 Cr during the quarter under review from INR 67,610 Cr in the year-ago period. Its net profit rose 29.1% to INR 3,545 Cr in Q4 FY25 from INR 2,746 Cr in Q4 FY24.

On a sequential basis, net profit rose a mere 2.5% from INR 3,458 Cr and operating revenue declined 1.2% from INR 79,595 Cr.

In a statement, the conglomerate said that JioMart has grown its quick "30 minute" hyperlocal deliveries to more than 4,000 pincodes spanning 2,100+ stores.

The company also ...