In a significant step toward dominating India’s consumer durables market, Reliance Retail has officially acquired the iconic home appliances brand Kelvinator. This strategic buyout underlines the conglomerate’s broader mission to expand its footprint in high-growth segments and offer value-driven, technology-rich products to Indian households.
The Kelvinator acquisition marks a new milestone in Reliance’s aggressive retail expansion strategy. Known for its trusted legacy and innovation in appliances, Kelvinator will now be part of Reliance Retail’s diversified portfolio, boosting its premium home appliances segment.
According to the company, this move is aligned with Reliance Retail’s vision to democratize aspirational living across India. By integrating Kelvinator’s legacy of innovation with Reliance’s robust retail infrastructure, the group aims to unlock meaningful consumer value and scale faster in the premium appliances category.
Isha M Ambani, Executive Director of Reliance Retail Ventures Limited (RRVL), highlighted the strategic importance of this acquisition. She stated,
“Our mission has always been to serve the diverse needs of every Indian by making technology accessible, meaningful, and future-ready. The acquisition of Kelvinator enables us to significantly broaden our offering of trusted global innovations to Indian consumers.”
She further emphasized that Reliance’s unmatched retail scale, widespread service infrastructure, and leading distribution capabilities will allow Kelvinator products to reach every corner of the country.
With the seamless integration of Kelvinator, Reliance Retail is well-positioned to lead the evolution of India’s consumer durables sector. The acquisition reaffirms the company's commitment to anticipating consumer trends and delivering quality, technology-driven products at scale.
In another major development, Reliance Industries Limited (RIL) is set to announce its Q1 FY26 earnings today. Analysts are optimistic, forecasting strong results driven by gains in its telecom and retail segments as well as a one-time profit from its Asian Paints stake sale.
According to a poll conducted by Moneycontrol, RIL is projected to report:
Consolidated revenue of ₹2.46 lakh crore, up 6% year-on-year
Net profit of ₹21,233.1 crore, surging 40% YoY
EBITDA growth of 16% YoY
For context, during Q4 FY25, Reliance Industries reported:
Consolidated net profit of ₹19,407 crore, up 2.41% YoY
Revenue from operations stood at ₹2,64,573 crore, a growth of 9.91% YoY
These numbers reflect strong momentum in RIL’s consumer-facing verticals, which are expected to further boost the company’s financials in the ongoing fiscal.
Conclusion: Reliance’s Bold Moves to Stay Ahead
With the Kelvinator acquisition and solid Q1 expectations, Reliance continues to lead India’s evolving retail and consumer durables landscape. These bold strategic moves not only reinforce its market dominance but also showcase its commitment to delivering innovation, accessibility, and scale to Indian consumers.