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Avenue Supermarts
Avenue Supermarts (DMART) investor relations material
Avenue Supermarts Q3 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 25/26 earnings summary10 Jan, 2026
Executive summary
Achieved significant expansion, reaching 442 stores by 9M FY26, up from 387 stores in 9M FY25.
DMart Ready expanded to 25 cities by 9M FY26, up from 19 cities in 9M FY25.
Approved unaudited standalone and consolidated financial results for the quarter and nine months ended 31st December 2025.
Board announced the conclusion of Mr. Ignatius Navil Noronha’s term as Managing Director & CEO effective 31st January 2026, with Mr. Anshul Asawa appointed as CEO from 1st February 2026 and as Managing Director from 1st April 2026, pending shareholder approval.
Senior management restructuring with new designations for key personnel effective 1st February 2026.
Financial highlights
Revenue from operations for 9M FY26 was ₹57,790 Cr, up from ₹49,764 Cr in 9M FY25.
EBITDA for 9M FY26 stood at ₹4,024 Cr with an EBITDA margin of 7.0%, compared to ₹4,543 Cr and 9.1% in 9M FY25.
PAT for 9M FY26 was ₹2,499 Cr, with a PAT margin of 4.3%, down from ₹2,556 Cr and 5.1% in 9M FY25.
Standalone revenue from operations for Q3 FY26 was ₹17,612.62 crore, up from ₹15,565.23 crore in Q3 FY25; nine-month revenue reached ₹49,763.53 crore.
Consolidated revenue from operations for Q3 FY26 was ₹18,100.88 crore, up from ₹15,972.55 crore in Q3 FY25; nine-month consolidated revenue was ₹51,136.88 crore.
Segment performance
Foods contributed 57.01% of revenue in 9M FY26, nearly unchanged from 57.19% in 9M FY25.
Non-foods (FMCG) accounted for 20.00% of revenue in 9M FY26, up slightly from 19.83% in 9M FY25.
General Merchandise & Apparel contributed 22.98% in 9M FY26, stable compared to 22.99% in 9M FY25.
How does new CEO's Unilever background align?
Q3 FY26 operating margin trend vs prior year?
What drove the senior management restructuring?
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Next Avenue Supermarts earnings date
Q4 25/268 May, 2026
Avenue Supermarts
Next Avenue Supermarts earnings date
Q4 25/268 May, 2026
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Frequently asked questions
Avenue Supermarts Limited operates a chain of supermarkets under the brand name DMart, catering to the everyday shopping needs of Indian consumers. The company’s stores offer a wide range of products, including groceries, food and non-food FMCG products, household items, apparel, and general merchandise. Known for its focus on value retailing, DMart provides competitively priced products in a self-service format aimed at families and budget-conscious shoppers. Avenue Supermarts manages an expanding network of DMart stores across India, with a focus on efficient supply chain management to ensure affordability and availability. The company is headquartered in Mumbai, India, and its shares are listed on the National Stock Exchange of India.
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