DMart
Avenue Supermarts, the company behind the DMart retail chain, reported steady topline growth in the December quarter, supported by store expansion and consistent consumer demand across its network. In a provisional business update for the quarter...
DMart Bets on Aggressive Store Expansion for Long-Term Growth as JioMart and Blinkit Lead User Gains
India’s largest value retailer DMart is doubling down on physical expansion as it prepares for the next decade of growth, even if that means holding back near-term cash generation. According to the latest CLSA India Weekender...
Breaking News
The End of a Retail Era: Neville Noronha Checks Out, Anshul Asawa Checks In
DMart’s long-serving Managing Director and CEO, Neville Noronha, will step down from his role in January 2026, parent company Avenue Supermarts announced in a...
DMart’s Q2 net profit hits INR 659.58 Cr, up 5.77% YoY
Avenue Supermarts Ltd, the operator of DMart, recorded a consolidated net profit of INR 659.58 crore for the July to September quarter, marking a...
Retailers and QSRs see slowest expansion rate in 5 years
Over the past fiscal year, a dozen prominent retailers and fast-food chains experienced their most sluggish rate of store expansions in at least half...
DMart’s Q4 FY24 net profit soars 22.3% to INR 563 Crore, driven by strong performance in general merchandise and apparel
Avenue Supermarts, the company behind DMart, has reported a 22.3% increase in its consolidated net profit for the fourth quarter ended in March 2024....
Godfrey Phillips explores sale of 24Seven grocery chain to major retail players
KK Modi Group-backed Godfrey Phillips is reportedly in talks with Tata Trent, Reliance Retail, and Avenue Supermarts to sell the retail grocery chain 24Seven,...
DMart’s parent company Avenue Supermarts expects 19.8% revenue growth in Q4 FY24
Avenue Supermarts Ltd. expects a 19.8% increase in revenue for the fourth quarter of fiscal 2024.According to its quarterly business update released on Wednesday,...
Indian retail giants scale back store expansion amidst slowing consumption trends
India's leading retailers have considerably decelerated their store expansion in the current fiscal year. According to their latest investor disclosures, the top five retail...
Avenue Supermarts reports 17% surge in Q3 FY24 net profit, reaches INR 690.41 Crore
Avenue Supermarts, the operator of the DMart retail chain, announced a 17% rise in consolidated net profit to INR 690.41 in the third quarter...
DMart’s Q3 standalone revenue surges by 17.18%, reaching INR 13,247.33 Crore
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...
Avenue Supermarts surpasses INR 12,624 Crore in Q2 total revenue, expands with 9 new DMart stores in Q2 FY24
On Saturday, Avenue Supermarts, the operator of DMart, announced a notable 18.6% rise in consolidated total revenue, reaching INR 12,624.37 crore for the second...
DMart’s Q2 revenue surges 18.51% to INR 12,307.72 Crore, marking impressive growth
Avenue Supermarts Ltd, the company that oversees and manages the DMart retail chain, announced on Wednesday that its standalone revenue from operations for the...
Dmart’s online sales surpass INR 2,000 Crore milestone, but losses widened to INR 194 Crore in FY23
Avenue Supermarts, the operator of the renowned DMart retail chain, witnessed a remarkable feat in FY23. With its online grocery unit's sales surpassing INR...