D-Mart parent Avenue Supermarts' Q4 profit jumps 19% YoY to ₹657 crore, EBITDA surges 27%

The company had posted a net profit of ₹550.90 crore in the January-March quarter a year ago, according to a regulatory filing.

Its revenue from operations increased 18.9% YoY to ₹17,683.86 crore during the quarter under review, compared to ₹14,871.86 crore in the corresponding quarter of the 2024-25 fiscal year (Q4 FY25).

At an operational level, its EBITDA (earnings before interest, tax, depreciation and amortisation), also known as operating profit, stood at ₹1,211 crore in Q4 FY26, marking a 26.8% YoY jump from ₹955 crore in the March FY25 quarter.

The company’s EBITDA margin expanded to 6.8% for the reporting quarter, in comparison to 6.4% in the year-ago period.

In the entire FY26, Avenue Supermarts registered a profit of ₹2,969.86 crore, up 9.7% YoY.

What the management said

Commenting on the performance of its brick-and-mortar business, Anshul Asawa, Managing Director & CEO, Avenue Supermarts Limited, said: “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-year-old 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.”

He stated that geopolitical tensions led to a spike in consumer buying during March 2026, which normalised towards the end of the month, adding that its 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,” Asawa added.

Regarding Avenue Supermart’s e-commerce business, Vikram Dasu, Whole Time Director & CEO, Avenue E-Commerce, said that the DMart Ready business has continued 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,” Dasu further stated.

Promoted by Radhakishan Damani and his family, D-Mart retails basic home and personal products across markets, which include Maharashtra, Gujarat, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, Chhattisgarh, NCR, Tamil Nadu, Punjab and Rajasthan.

Shares of Avenue Supermarts closed 0.16% lower at ₹4,585.90 apiece on the National Stock Exchange (NSE) on Thursday, April 30. However, the results were declared on Saturday, May 2.