Confident of over 20% CAGR in revenue over 3 years: Isha

Reliance Retail is confident of delivering more than 20 per cent compound annual growth rate (CAGR) in revenue over the next three years, its Director Isha Ambani told shareholders at the company's 48th annual general meeting (AGM) on Friday.

- SHARLEEN D'SOUZA

She told shareholders in the opening speech: "It is a prediction grounded in the scale of our capabilities and the depth of opportunity before us, which no other retailer in India possesses. It is anchored in the fact that every engine of our growth—offline, online, and B2B (business-to-business)—is already proven, profitable at scale, and primed for acceleration."

Isha Ambani also said that each one of the company's larger consumption baskets has structural growth tailwinds.