Avenue Supermarts Q3 Results: DMart Parent’s Profit Up 18.3%, Revenue Rises 13.3%
Avenue Supermarts, the parent company of DMart, reported an 18.3% rise in consolidated year-on-year profit during the third quarter of the fiscal 2026, with revenue growing 13.3% to Rs 15,973 crore. The company’s net profit stood at Rs 856 crore compared to Rs 724 crore in the previous year.
The earnings before interest, taxes, depreciation and amortisation (EBITDA) saw a 20.2% uptick at Rs 1,463 crore this quarter compared to Rs 1,217 crore in the previous year. The margins saw an expansion to 8.1% this year from 7.6% last year.
Like-for-Like Sales Growth
The firm’s like-for-like sales growth stood at 5.6% compared to the year ago period’s 8.3%. This was reported as the slowest in five quarters. The total bill cuts were the highest in five quarters.
The company reported that sales per square feet had improved sequentially. This is a positive sign for the company, as it indicates that customers are spending more per visit.
Financial Highlights
Here are the key financial highlights from Avenue Supermarts’ Q3 results:
- Net Profit Up 18.3% at Rs 856 crore versus Rs 724 crore
- Revenue Up 13.3% at Rs 15,973 crore versus Rs 14,100 crore
- EBITDA Up 20.2% at Rs 1,463 crore versus Rs 1,217 crore
- Margin At 8.1% Vs 7.6%
These numbers indicate that Avenue Supermarts is continuing to grow its business, despite challenges in the retail sector. The company’s focus on providing value to customers and its efficient operations are key factors in its success.
New Managing Director and CEO
The firm also appointed Anshul Asawa as managing director and chief executive officer of the company. Asawa will serve as MD for a period of three years, starting from April 1, 2026. He will occupy the position of CEO from Feb. 1 onwards.
This change in leadership is expected to bring new ideas and perspectives to the company, and could potentially lead to further growth and expansion.
Store Expansion
The company reported that revenue growth was partially impacted due to pricing for essential goods decreasing. Avenue Supermarts reported that they opened 10 stores in the quarter ending December. Its total stores stand at 442 as on Dec. 31.
This expansion of stores is a key part of Avenue Supermarts’ growth strategy, and is expected to continue in the coming quarters.
Stock Market Reaction
Shares of Avenue Supermarts ended 0.45% higher at Rs 3,801.30 on the National Stock Exchange on Friday. This is compared to a 0.75% fall in the Nifty index.
This reaction from the stock market indicates that investors are positive about the company’s Q3 results and its future prospects.
Conclusion
In conclusion, Avenue Supermarts’ Q3 results are a positive sign for the company and its investors. The company’s focus on growth, efficiency, and customer value is expected to continue to drive its success in the coming quarters.
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