D-Mart share price: Avenue Supermarts stock hits a 52-week-low, down 39% from peak

Avenue Supermarts shares fell 1.87% to its 52-week-low of ₹3,340 per unit on the National Stock Exchange (NSE). At 11:25 am, it was down 1.46% to ₹3,354.35.

Its market valuation stands at ₹2,18,278.65 crore.

Avenue Supermarts is a constituent of NIFTY NEXT 50, which is down 1.08%. Benchmark indices NIFTY50 and SENSEX are also trading in the red, shedding 0.43% and 0.46%, respectively.

D-Mart Q3 results

Avenue Supermarkets reported a 17.69% increase in its consolidated revenue from operations to ₹15,973 crore for the quarter that ended December 31, 2024. In the year-ago quarter, the revenue was ₹13,572 crore.

The consolidated net profit rose 4.9% to ₹724 crore in the quarter under review, compared to ₹690 crore a year back.

Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) in the October-December quarter stood at ₹1,217 crore, as against ₹1,120 crore in the same quarter last year, reflecting an increase of 8.6%. The margin was at 7.6% vs 8.3% in Q3 FY24.

On earnings, company CEO and Managing Director Neville Noronha said, "We continue to see increased intensity in discounting in the FMCG category and the consequent impact on high turnover per square foot stores in metro towns. However, this quarter, the impact has been relatively reduced compared to the previous quarter (Q2 FY 2025). We stay committed to being the most preferred value retailer to customers in the vicinity of a DMart store or a Fulfilment centre of DMart Ready."

"In the rapidly evolving dynamics of the grocery e-commerce market, we are seeing significantly more demand for home delivery compared to pick-up point, and hence, we continue to align our business to that extent," he added.