Brands
Malabar Gold & Diamonds introduces NUWA diamond collection
Mumbai: Malabar Gold & Diamonds, sixth largest jewellery retailer globally with a strong retail network of over 350 stores spread across 13 countries, unveiled its latest diamond jewellery collection named ‘NUWA’ at a grand event in the UAE. Renowned Indian actress Kareena Kapoor Khan unveiled the collection. Kareena, known for her timeless elegance embodies the very essence of the NUWA collection, making her the perfect ambassador for this launch. The collection is available at all stores in India.
The NUWA collection is a celebration of nature’s intricate designs, waves, forms, folds and textures, masterfully crafted into luxurious pieces of diamond jewellery. Drawing inspiration from the elegance and resilience found in the natural world, each piece in the collection has been meticulously crafted, refined over time, and perfected to emerge as a glorious, intricate work of art, just like women who navigate the ups and downs, standing tall and resolute in the dreams they hold. Each piece is a testament to the elegance, strength, and grace that women embody.
Malabar Group chairman MP Ahammed said, “We are incredibly proud to introduce the NUWA collection, which celebrates both nature and the indomitable spirit of women. Each piece in this collection has been crafted with immense care and precision, reflecting the intricate beauty of nature and the resilience of women. We are honoured to have Kareena Kapoor Khan launch this collection, as she perfectly represents the grace and awe that NUWA stands for.”
The NUWA collection by Malabar Gold & Diamonds stands as a testament to the women of today, their commitment to excellence, celebrating the intricate beauty of nature and the empowering essence of womanhood. Like all diamond jewellery at Malabar Gold & Diamonds, NUWA also comes with the assurance of Malabar Promises like responsibly sourced natural diamonds, tested and certified diamonds, 100 per cent exchange value, diamonds of natural origin, 100 per cent transparency, guaranteed buyback, etc.
Brands
Reliance Retail FY26 revenue rises 11.8 Per Cent to Rs 3.7 lakh crore
Q4 revenue up 11.1 Per Cent, hyperlocal orders surge 4x, PAT steady
MUMBAI: Reliance Retail isn’t just ringing up sales, it’s ringing doorbells faster than ever. Reliance Retail Ventures Limited (RRVL) reported a steady FY26 performance, with growth powered by store expansion, a sharp surge in hyperlocal commerce, and consistent traction across grocery, fashion and jewellery. For the full year, revenue rose 11.8 per cent year-on-year to Rs 3,70,026 crore. In the January–March quarter, revenue from operations climbed 11.1 per cent to Rs 87,344 crore, up from Rs 78,622 crore a year earlier.
Operating performance remained stable, with Q4 EBITDA inching up 3.1 per cent YoY to Rs 6,921 crore from Rs 6,711 crore. However, quarterly profit after tax held steady at Rs 3,563 crore. For the full fiscal, PAT grew 11.7 per cent to Rs 13,842 crore.
Expansion remained a key lever. RRVL added 1,564 new stores during FY26, while simultaneously scaling its digital and hyperlocal commerce play. The latter emerged as a standout, with daily orders surging more than fourfold year-on-year in Q4, underlining a clear shift towards faster, localised fulfilment.
In grocery, large-format stores maintained momentum, aided by festive demand and the expansion of Smart Bazaar, which crossed 1,000 stores. Promotional campaigns such as ‘Full Paisa Vasool’ delivered record results, with sales rising 26 per cent YoY.
Digital commerce also picked up pace. JioMart added 5.8 million new users in Q4, nearly doubling its registered base year-on-year. Hyperlocal orders grew 29 per cent sequentially and over 300 per cent annually during the quarter.
Fashion and lifestyle saw steady traction. Ajio recorded a 23 per cent YoY rise in average bill value, while fast-fashion platform Shein crossed 11 million app installs, scaling rapidly with expanding product lines.
The jewellery business added further shine, with average bill value jumping 53 per cent YoY, largely driven by rising gold prices and sustained consumer demand.
Commenting on the shift, RRVL executive director Isha Ambani said hyperlocal commerce has become a structural growth driver, with orders rising more than fourfold over the year.
Looking ahead to FY27, the company is betting on technology to deepen engagement. The focus, Ambani noted, will be on AI-led merchandising, sharper pricing strategies and disciplined execution turning scale into sustained customer value.
In short, the carts are fuller, the clicks are quicker, and the next phase looks less about reach and more about precision.
