Avenue Supermarts Ltd, the owner and operator of the retail chain DMart, announced a 17.18 percent rise in its standalone revenue from operations, reaching INR 13,247.33 crore in the third quarter ending on December 31, 2023. In the same quarter the previous year, the company recorded revenue from operations amounting to INR 11,304.58 crore, as per the quarterly update provided by Avenue Supermarts.
“Standalone Revenue from operations for the quarter ended (QE) December 31, 2023 stood at INR 13,247.33 crores,” said Avenue Supermarts in a regulatory filing.
DMart’s Operational Strength:
As of September 30, 2023, the total count of stores amounted to 341.
Owned and promoted by Radhakishan Damani and his family, DMart sells essential home and personal products in various markets, including Maharashtra, Gujarat, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, Chhattisgarh, NCR, Tamil Nadu, Punjab, and Rajasthan.
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