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bhanu kushwaha

· started a discussion

· 1 Months ago

i think you got it wrong...

Question:

Which has become India’s first retail company to cross Rs.1 lakh crore annual revenue milestones?

Options:
A)

Reliance Retail

B)

Future Group

C)

Aditya Birla Retail

D)

Avenue Supermarts Ltd

Solution:

Ans. a

On 19th April 2019, 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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