DMart Q3 FY26 Preview: Revenue Up 13%, Margin Pressure Expected | Quick Digest

DMart Q3 FY26 Preview: Revenue Up 13%, Margin Pressure Expected | Quick Digest
DMart (Avenue Supermarts) is set to release its Q3 FY26 earnings on January 10, 2026. While standalone revenue increased by 13.15% year-on-year, analysts anticipate modest profit growth and margin compression due to rising costs and competition.

DMart's Q3 FY26 earnings are scheduled for release on January 10, 2026.

Standalone revenue for the December quarter rose 13.15% to ₹17,612.62 crore.

Analysts forecast profit margin compression due to higher costs and competition.

Modest profit growth (5-9% EBITDA) is expected despite strong revenue performance.

DMart added 10 new stores in Q3, bringing the total count to 442.

Avenue Supermarts Ltd (DMart), the retail chain founded by Radhakishan Damani, is slated to announce its financial results for the third quarter of FY26 on January 10, 2026. The company had previously released a business update on January 2, 2026, revealing a standalone revenue from operations of ₹17,612.62 crore for the December quarter, marking a 13.15% increase compared to the same period last year. This double-digit revenue growth indicates sustained consumer demand and DMart's ongoing expansion strategy. As of December 31, 2025, DMart operated 442 stores across India, having added 10 new stores during the quarter. However, analyst previews suggest a mixed picture for the overall earnings, with expectations of margin compression despite the healthy top-line growth. Brokerages predict that factors such as increased operational costs, intense competitive pressures, particularly from the burgeoning quick commerce segment, and recent adjustments in GST rates on certain product categories will weigh on profitability. Consequently, earnings before interest, taxes, depreciation, and amortization (EBITDA) growth is projected to be in the range of 8-9%, while net profit growth is expected to be more modest, around 5-6% year-on-year. Investors will closely monitor the full earnings report for details on operating performance, product mix changes, and management's commentary on future expansion plans and strategies to mitigate margin pressures. The livemint.com preview article was published on January 9, 2026.
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