Mumbai: Avenue Supermarts Limited, the holding company behind the DMart brand, continued to show how its value-first, brick-and-mortar retail model works at a time when convenience has become commoditized.
In its latest financial filing for Q4, the company has reported revenues of ₹ 17,205 crore, a 19% year on year rise from ₹14,462 crore reported in the same period last year. Its net profit has also grown 16.9% from ₹620 crore in Q4FY25 to ₹725 crore this time.
The company’s famed Everyday low cost – Everyday low price (EDLC-EDLP) strategy still holds strong, as it continues to procure goods at competitive prices and sells them using operational and distributional efficiencies, offering value for money to custome₹
The 500-Store Milestone
During the quarter, DMart opened 58 new stores across the country, reaching a store count past 500, while penetrating deeply into its core markets in Maharashtra, Gujarat and Telangana. It continues to bank on its large box format that boosts bulk merchandise storage, offering higher sales per square foot.
“Our revenue in Q4 FY26 grew by 19.0% over the previous year. Profit after tax (PAT) grew by 16.9% over the previous year. Two years and older DMart stores grew by 10.8% during Q4 FY26 as compared to 8.1% in Q4 FY25. Gross margins saw slight improvement and costs are largely in-line with business growth. Geopolitical tensions led to some spike in consumer-buying during the month of March 2026 which normalized towards the end of the month. Our business has largely not witnessed any supply chain disruptions thus far. We opened 58 new stores during the quarter and also reached the landmark achievement of 500 DMart stores. This was made possible by the dedication of our employees and the trust our customers have placed in us every single day”, Mr. Anshul Asawa, Managing Director & CEO, Avenue Supermarts Limited, said in a press release.
“Our DMart Ready business continues to focus in key metro towns. We have further rationalized our delivery channels with renewed focus on home delivery as the preferred channel. We have discontinued our operations in one city during the quarter. As of March 31, 2026, we operate in 18 cities”. Mr. Vikram Dasu, Whole Time Director & CEO, added.
