DMart Share Price: Shares of Avenue Supermarts Ltd, which operates the DMart retail chain, will be in focus on Monday, January 12, following strong quarterly results, with bottom line rising 18.27 per cent
year-on-year for the December quarter of FY26.
The company’s profit after tax rose to Rs 855.78 crore, compared with Rs 723.54 crore in the same quarter last year.
The top line also jumped 3.32 per cent to Rs 18,100.88 crore during the quarter, up from Rs 15,972.55 crore a year earlier.
At the operating level, the Mumbai-based retailer reported an EBITDA (operating profit) of Rs 1,463 crore for the December quarter of FY26, up 20.21% year-on-year from Rs 1,217 crore in the same period last year. The company’s EBITDA margin also improved to 8.1% during the quarter, compared with 7.6% in Q3 FY25.
“Our revenue increased by 13.2% during the quarter, while profit after tax rose 17.6% on a year-on-year basis. Stores that are two years old and above recorded a growth of 5.6% in Q3 FY26 compared with Q3 FY25,” Asawa said.
During the quarter, DMart added 10 new stores, taking its total store network to 442 as of December 31, 2025.
Commenting on the performance, CEO-designate Anshul Asawa said, “Revenue growth was partially impacted due to deflation in staples.”
The company also said that Ignatius Navil Noronha will step down as Managing Director and CEO after the close of business hours on January 31, 2026. Noronha, whose term ends in January next year, had earlier decided not to seek a renewal.
Along with the results, the board approved the appointment of Anshul Asawa, currently CEO-designate, as the company’s Chief Executive Officer. He will become “Key Managerial Personnel of the Company from 1st February, 2026, and Managing Director of the Company for a term of three years with effect from 1st April, 2026, subject to approval of shareholders of the Company.”
DMart, promoted by Radhakishan Damani and his family, sells essential home and personal care products across several states, including Maharashtra, Gujarat, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, Chhattisgarh, NCR, Tamil Nadu, Punjab and Rajasthan.
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