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Gravolite partners with 56th National Kho Kho Championship
Mumbai: Gravolite, one of the leading sports mat manufacturers in India, became the official supplier of Kho Kho mats for the 56th national Kho Kho championship scheduled to be held from 27 March 2024 to 1st April 2024 in Indira Gandhi Indoor Stadium & Karnail Singh Stadium, Delhi. These state-of-the art mats have been approved by the Kho Kho Federation of India.
Gravolite Kho Kho Mats will be used throughout the tournament considering the infrastructural requirement recommended by the Federation as per international standards and keeping in mind the safety and well-being of the athletes.
Gravolite director Vaibhav Somani said, We are excited to be the official manufacturer and supplier of 56th National Kho Kho championship. Kho Kho has been a sport that has not received much recognition in the Indian sports industry in the past but, with such national level tournaments, players get the acknowledgment and motivation to perform better. We have been manufacturing world-class Kho Kho mats to safeguard the health and well-being of the players. Sometimes, playing such combat sports on ground soil can cause severe injuries or lifelong disabilities to the athletes. But, with Gravolite Kho Kho mats, the athletes get the desired cushion base and floor padding which helps them to maneuver moves without having to sustain injury.
Somani further added we are honoured to contribute to the success of 56th national Kho Kho championship and to the advancement of Kho Kho as a sport. He further added that 56th Kho Kho championship is a national level tournament, and providing high-quality international mats is our priority.
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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.
