Which has became India's first retail company to cross Rs.1 lakh crore annual revenue milestones?
Options
A. Future Group
B. Reliance Retail
C. Aditya Birla Retail
D. Avenue Supermarts Ltd
Correct Answer
Reliance Retail
Explanation
The retail arm of the Mukesh Ambani-led Reliance Industries became India's first retail company to cross the Rs.1 lakh crore annual revenue.The revenue for 2018-19 is Rs. 1.3 lakh crore, which is 89% more from the previous fiscal.The company added 2,829 stores during the financial year, taking the total to 10,415 stores and the profit of pre-tax business jumped 77.1 percent to record Rs 1,923 crore.
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