Home / Business and Economy / DMart Soars: Q4 Profit Jumps 19%, Store Count Tops 500
DMart Soars: Q4 Profit Jumps 19%, Store Count Tops 500
2 May
Summary
- Net profit rose 19% to Rs 656.6 crore in the March quarter.
- Revenue from operations grew 19% to Rs 17,684 crore.
- DMart expanded by 58 stores, crossing the 500-store milestone.
Avenue Supermarts, the retail chain operating DMart, reported a significant financial uplift for the March quarter of FY26. The company's net profit experienced a 19% increase, reaching Rs 656.6 crore, compared to Rs 550.90 crore in the same period last year.
Revenue from operations mirrored this growth, also rising by 19% to Rs 17,684 crore for the quarter. This strong performance was bolstered by a 26.7% year-on-year jump in EBITDA, which reached Rs 1,210.5 crore, accompanied by an improvement in operating margins.
DMart continued its aggressive expansion strategy, successfully adding 58 new stores during the March quarter. This growth initiative pushed the total number of DMart stores beyond the 500 mark, reinforcing its market presence. The company noted that geopolitical tensions caused a brief spike in consumer buying in March 2026.
For the full fiscal year FY26, Avenue Supermarts posted a total revenue of Rs 66,968 crore, a 15.9% increase year-on-year. The company's profit after tax (PAT) for the year grew 10.1% to Rs 3,224 crore, with a total of 85 stores added throughout the year.
