Patel Retail Expands to Nashik, Opens New Store in Raigad

Patel Retail Limited announced its expansion into the Nashik district with a new store planned for Ghoti. Additionally, the company will open another store in Mangaon/Mahad, Raigad district. These additions are part of the company's ongoing retail expansion strategy, aiming to bring organized retail closer to customers. With these new outlets, Patel Retail's presence will extend across four districts: Thane, Raigad, Palghar, and Nashik. The company currently operates 54 stores and follows a cluster-based expansion approach. Patel Retail reported a Total Income of ₹1,059.29 crore, EBITDA of ₹83.08 crore, and Net Profit of ₹39.05 crore in FY26.