DMart Q3 FY26: Profit Jumps 18% to ₹856 Crore, Revenue Up 13% | Quick Digest
DMart, operated by Avenue Supermarts, reported an 18.3% year-on-year rise in consolidated net profit to ₹855.92 crore for Q3 FY26. Revenue from operations also increased by 13.3% to ₹18,100.88 crore for the quarter ended December 2025. The company added 10 new stores, bringing the total to 442.
DMart's Q3 FY26 consolidated net profit surged 18.3% to ₹855.92 crore.
Revenue from operations for Q3 FY26 grew 13.3% to ₹18,100.88 crore.
The company's PAT margin for Q3 FY26 stood at 4.7%, improving from 4.5% last year.
DMart added 10 new stores in the quarter, reaching a total of 442 stores.
Leadership transition announced with Anshul Asawa as new CEO and MD from April 2026.
Avenue Supermarts Ltd (DMart) has announced robust financial results for the third quarter of fiscal year 2026 (Q3 FY26), ending December 2025. The company reported a significant 18.3% year-on-year (YoY) increase in its consolidated net profit after tax (PAT), reaching ₹855.92 crore, up from ₹723.72 crore in the corresponding quarter of the previous fiscal year (Q3 FY25).
Revenue from operations for the quarter also saw a healthy growth of 13.3% YoY, totaling ₹18,100.88 crore, compared to ₹15,972.55 crore in Q3 FY25. The PAT margin for Q3 FY26 improved to 4.7% from 4.5% in the year-ago period. Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) rose to ₹1,463 crore, showing a 20.2% increase from ₹1,217 crore in Q3 FY25, with the EBITDA margin improving to 8.1% from 7.6%.
On a standalone basis, DMart's net profit was ₹923.05 crore, a 17.6% increase YoY, and total revenue stood at ₹17,613 crore, up from ₹15,565 crore in the same period last year. The company's revenue growth was partly influenced by deflation in staples, as noted by the management. During the December quarter, DMart expanded its retail footprint by opening 10 new stores, bringing its total store count across India to 442 as of December 31, 2025.
A significant development also announced was the appointment of Anshul Asawa, currently CEO Designate, as the new Chief Executive Officer and Managing Director for a three-year term, effective April 1, 2026. He will succeed Ignatius Navil Noronha, whose tenure concludes on January 31, 2026. The news was widely reported by credible Indian financial news outlets, including Business Standard, Mint, NDTV Profit, and The Economic Times, all corroborating the primary figures and analysis.
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