Reliance Retail posts ₹13,476cr FY26 profit after parent debt swap

Business May 30, 2026

Reliance Retail just pulled off a major profit leap, hitting ₹13,476 crore in FY26.
The secret? Its parent company swapped ₹40,000 crore of loans for zero-interest debentures, which slashed finance costs from ₹4,725 crore to just ₹1,510 crore.
That freed up a lot more cash for the bottom line.

Reliance Retail drove 90% parent revenue

RRL didn't stop there: it issued another ₹19,000 crore in debentures and paid off all its long-term loans by March 2026.
Short-term borrowings also dropped sharply. While this meant RRVL earned less interest income, it seriously boosted RRL's financial health.
The best part: RRL drove 90% of its parent's revenue and nearly all its profits this year, proving it's the real MVP of Reliance Industries's retail game.