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Reliance's Strategic Domestic Pivot
- Reliance's O2C segment revenue grew but EBITDA fell due to margin collapse from China's cheap supply flooding.
- They shifted focus to domestic fuel sales to mitigate global price volatility.
Retail Growth via Cultural Events
- Reliance's retail recovered after slowdown, fueled by events like Mahakumbh and festivals.
- Its quick-commerce leverages existing stores for profitability instead of dark stores.
Jio's Unmatched 5G Network
- Jio grew revenue and subscribers strongly, with 45% of data traffic now over 5G.
- Managed world's densest mobile event at Mahakumbh with remarkable network performance.