Avenue Supermarts Ltd’s retail chain, D-Mart has reported a 19.17% year-on-year rise in its consolidated net profit at Rs 656.42 crore (US $69.07 million) in the March quarter of FY ’26.
The company had posted a net profit of Rs 550.79 crore (US $57.95 million) in the January-March quarter a year ago.
Revenue from operations increased 18.9% to Rs 17,683.86 crore (US $1.85 billion) during the quarter under review. It was at Rs 14,871.86 crore (US $1.56 billion) in the quarter corresponding to the last fiscal.
Profit after tax (PAT) margin stood at 3.7% in Q4 FY ’26 as compared to 3.7% in Q4 FY ’25
Total expenses of Avenue Supermarts in the March quarter were up 18.5% to Rs 16,797.86 crore (US $1.76 billion). Its total income, which includes other income, was at Rs 17,702 crore (US $1.86 billion), up 18.83% in the March quarter.
In the entire FY ’26, Avenue Supermarts registered a profit of Rs 2,969.86 crore (US $312 million), up 9.7%. Total consolidated income rose 15.8% to Rs 68,894.84 crore (US $7.25 billion) during the financial year ended March 2026.
“Geopolitical tensions led to some spike in consumer buying during the month of March 2026, which normalised towards the end of the month. Our business has largely not witnessed any supply chain disruptions thus far. We opened 58 new stores during the quarter and also reached the landmark achievement of 500 D-Mart stores,” said Managing Director & CEO Anshul Asawa.
He also added that Gross margins saw slight improvement, and costs were largely in line with business growth.
About its online platform D-Mart Ready, Avenue E-Commerce CEO Vikram Dasu noted that it has discontinued operations in one city during the quarter. As of 31st March 2026, it was operating in 18 cities including Maharashtra, Gujarat, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, Chhattisgarh, NCR, Tamil Nadu, Punjab and Rajasthan.
