Reliance Retail now bigger than ITC, HUL, DMart, Nestle, Britannia, Tata Consumer, and Godrej Consumer combined

Reliance Retail now bigger than ITC, HUL, DMart, Nestle, Britannia, Tata Consumer, and Godrej Consumer combined

With Rs 3 lakh crore in sales for FY24, Reliance Retail’s topline is now more than the sales of India’s top seven consumer giants including ITC, HUL, D’Mart, Nestle, Britannia, Tata Consumer, and Godrej Consumer.
If one were to look at listed retail companies, it’s more than five times the size of Avenue Supermart, the most valuable listed retail company, with sales of Rs 56,983 crore for the nine months ended December 2023. With such scale, how much value…
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Source: https://www.moneycontrol.com/news/business/markets/reliance-retail-now-bigger-than-itc-hul-dmart-nestle-britannia-tata-consumer-and-godrej-consumer-combined-12709092.html/amp