Avenue Supermarts Ltd., operating the popular DMart retail chain, announced robust financial results for the third quarter of fiscal year 2026 (Q3 FY26), ending December 31, 2025. The company reported a significant 18.3% year-on-year increase in consolidated net profit, reaching ₹855.92 crore (rounded to ₹856 crore), compared to ₹723.72 crore in the same period last year. Consolidated revenue from operations also saw a healthy rise of 13.3%, touching ₹18,100.88 crore, up from ₹15,972.55 crore in Q3 FY25. On a standalone basis, DMart's net profit stood at ₹923 crore, marking a 17.6% increase year-on-year. The company's earnings before interest, tax, depreciation, and amortisation (EBITDA) rose to ₹1,463 crore, with the EBITDA margin improving to 8.1% in Q3 FY26. In a significant corporate development, the board announced a leadership transition. Anshul Asawa, currently with Unilever, has been appointed as the CEO-designate and is slated to take over as the Managing Director and CEO from February 1, 2026, upon the completion of Neville Noronha's term on January 31, 2026. Noronha, who has been instrumental in DMart's growth for two decades, will support Asawa for a smooth transition. During the quarter, DMart expanded its footprint by adding 10 new stores, bringing its total store count across India to 442 as of December 31, 2025. Anshul Asawa noted that while revenue growth was partially impacted by deflation in staples, the company successfully protected its profitability. This performance highlights DMart's operational efficiency amidst a subdued consumption environment.