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Reliance Market Witnesses a Flat wash out of Rs 11 crores

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Reliance Retail Ltd (RRL) has recorded a total hammering of Rs 10.99 crore on net income of Rs 259.85 crore in the initial year of its marketable functions. The failure was on a net earning of Rs 259.85 crore.
As per the sources available with www.propertykhazana.com the RRL is yet in policies and in the even out stage to set up just about 5,000 departmental stores by final stages of the year 2009. The corporate enterprise carried out huge savings in the early parts of maneuver and earnings were reasonably a lesser amount of, which made headway to like in manner a serious failure.
Reliance Industries Limited (RIL) has strategies to set up multi-layout merchandising means for different regions of India. The cycle will comprise provision stores, supermarkets and Departmental stores. The progress will be made in beyond 1,500 towns and business districts.
As per the sources available with www.propertykhazana.com there are more than 300 Reliance Fresh supermarkets brought to the notice of the consumers. RRL possesses resources value of Rs 4,051 crore funds with unconstructive funds of Rs 10.90 crore. The corporate enterprises endowed Rs 365.18 crore as on 31st March of year 2007.
‘Ranger Farms’ is the most recent B2B proposal of RRL. It has been started on to furnish to the undersized mercantilist in Hyderabad. The body corporate initiated its classified brand name in the pin group below par the ‘Reliance Select’ registered trademark.
Source: NBTVLIVE

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