Avenue Supermarts Reports 18.28% Profit Rise in Q3 FY26 on Increased Revenue
2 hours agoBusiness
30LENS
8 SourcesNew Delhi, India
TBNthebalanced.news
Avenue Supermarts Reports 18.28% Profit Rise in Q3 FY26 on Increased Revenue

Avenue Supermarts, operator of the DMart retail chain, reported an 18.28% rise in consolidated net profit to Rs 855.78 crore for the third quarter ended December 2025, driven by higher revenue. Consolidated revenue from operations increased by 13.3% to Rs 18,100.88 crore year-on-year. The company also announced the appointment of Anshul Asawa as CEO and Managing Director, effective April 1, 2026, succeeding Ignatius Navil Noronha. Revenue growth was noted to be partially impacted by deflation in staples, with 10 new stores opened during the quarter, bringing the total to 442.

Political Bias
0%100%0%
Sentiment
71%