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Retail Soars: Double-Digit Growth in Q4 FY26
7 Apr
Summary
- Leading retailers reported double-digit revenue growth in Q4 FY26.
- Trent and D-Mart achieved approximately 20% year-on-year growth.
- Stable demand and resilient macroeconomic conditions fueled retail success.
Leading retail companies in India achieved significant double-digit revenue growth in the fourth quarter of FY26. This strong performance was buoyed by a stable demand landscape and resilient macroeconomic factors. Avenue Supermarts, operating the D-Mart chain, saw its revenue increase by 19% to Rs 17,204.50 crore. As of March 31, 2026, D-Mart operated 500 stores nationwide.
Trent, a Tata group firm, reported standalone revenue growth of approximately 20% to Rs 4,937 crore for the March quarter of FY26. The company expanded its retail footprint significantly, opening 22 Westside stores and 109 Zudio stores. This expansion, particularly in Westside, marked its strongest phase in years, contributing to an 18% overall FY26 revenue increase.
Value fashion retailer V-Mart also demonstrated healthy growth, with revenue up 24% year-on-year to Rs 971 crore for the quarter. With 29 new stores opened and six closed, V-Mart concluded FY26 with a total of 577 operational stores. Similarly, FMCG companies like Marico and Dabur reported resilient growth based on pricing actions and category momentum.
