Reliance Consumer Products likely to be spun off as separate entity

Reliance Consumer Products, the fast-moving consumer goods (FMCG) division of Reliance Retail, will be spun off into a separate entity, senior company officials told media persons.

- STATESMAN NEWS SERVICE

The FMCG business, which was launched in 2022, has scaled up in an extremely short period of time, the company officials said.

During the quarterly and annual results released last month, the company revealed that Reliance Consumer Products had notched up revenues of Rs 11,500 crore in FY25, surpassing several other well-established companies operating in the sector. More than 60 per cent of revenues came in from general trade, led by in-house brands.