DMart Posts 18% Profit Jump, Revenue Hits ₹18,100 Cr in Q3
Overview
Avenue Supermarts, the parent company of DMart, reported an 18.2% year-over-year increase in net profit for the third quarter of FY26, reaching ₹855 crore. Revenue from operations climbed 13.3% to ₹18,100 crore, driven by improved EBITDA margins to 8.1%. The company opened 10 new stores, expanding its network to 442 outlets. This performance highlights DMart's resilience and continued growth in the Indian retail sector despite deflationary pressures in staples.
Stocks Mentioned
Avenue Supermarts, the retail giant behind the DMart chain, reported robust financial results for the third quarter of fiscal year 2026. Net profit surged 18.2% year-on-year to ₹855 crore, a significant jump from ₹723 crore in the same period last year. This growth underscores the company's ability to navigate market dynamics.
Consolidated revenue from operations climbed 13.3% on a yearly basis, reaching ₹18,100 crore. This compares to ₹15,972 crore posted in the third quarter of FY25. The substantial revenue increase signals sustained demand for DMart's value-driven offerings.
Margin Improvement
The company also demonstrated improved profitability with its consolidated EBITDA margin rising to 8.1% in Q3 FY26, up from 7.6% in Q3 FY25. Consolidated EBITDA for the quarter stood at ₹1,463 crore. This expansion in margins suggests better operational efficiency and cost management.
Store Network Growth
Avenue Supermarts continued its expansion strategy, opening 10 new stores during the quarter. As of December 31, 2025, the total store count reached 442 across India. This steady physical expansion is a cornerstone of DMart's long-term growth plan.
Anshul Asawa, CEO-Designate of Avenue Supermarts, noted that revenue growth was "partially impacted due to deflation in staples." Despite this challenge, the company successfully maintained its growth trajectory.
The performance indicates DMart's strong position in the Indian retail market, catering to a broad customer base with its everyday low-price strategy. Investors will be watching to see if this momentum can be sustained through fiscal year 2026.
