Reliance Retail sees stronger margins, cash generation from digital business in 2 years

Reliance Retail expects stronger margins and cash generation from digital business within two years.

Digital transactions in Q1 rose 46% year-on-year, outpacing 12% revenue growth.

The divergence was driven by a sharp increase in lower-value grocery orders.

Reliance Retail's digital business is a key focus for future margin improvement.