
Startup
Reliance Retail Expands Dark Stores, Eyes JioMart Profitability by FY28
31 Oct 2026, 2:13 pm · 7h ago · 1 min read · YourStory
Reliance Retail Ventures Limited is accelerating its quick commerce and hyperlocal delivery footprint while prioritizing unit economics and store profitability. Speaking during an earnings call, Chief Financial Officer Dinesh Taluja stated that investments in dark stores, delivery speed, and customer acquisition will start yielding profitable returns from the next financial year. In Q2 FY27, online grocery revenue grew 42% year-on-year. As part of its network optimization strategy, the retail giant added 303 stores while shutting down 222 non-performing locations to maintain disciplined unit economics across its expanding omnichannel network.