India’s DMart reports 8.5% rise in profit to ₹743 crore:Revenue rises 18% in Q2; company’s store count reaches 518, with 18 new stores opened

Avenue Supermarts Ltd., which operates the retail chain D-Mart, reported a consolidated net profit of ₹743 crore in the second quarter of fiscal year 2026-27, an increase of 8.5% year-on-year. The company had a net profit of ₹685 crore in the second quarter of last year. In the July-September quarter, D-Mart generated revenue of ₹19,644.01 crore, an increase of 18% year-on-year. In the same quarter last year, the company’s revenue was ₹16,676.30 crore. Revenue is the money received from the sale of goods and services. The company has opened 18 new stores so far in FY27, bringing its total store count to 518 in the country.
Highlights from D-Mart results The company’s stock may rise on Monday
Following the positive results, the company’s stock may see a rise on Monday. Meanwhile, before the results release, Avenue Supermarts (D-Mart) shares fell 1.79% to close at 3,521 on Friday, October 9th. The company’s stock has fallen 5% in a month and nearly 20% in a year. Damani is the founder of supermarket chain D-Mart. Radhakishan Damani is the founder of the supermarket chain D-Mart. He started D-Mart in 2002 in the Powai area of ​​Mumbai, where he opened its first store. In 1999, Damani launched an Apna Bazaar franchise in Nerul, Navi Mumbai, but the model didn’t work for him. D-Mart made its stock market debut in 2017. The D-Mart supermarket chain is operated by Avenue Supermarts Limited (ASL). Avenue Supermarts’ CEO is Neville Noronha. Radhakishan Damani, 71, launched D-Mart, a company he owns, and debuted on the stock market in 2017. D-Mart was listed on the stock exchanges on March 21, 2017, with a market cap of ₹39,988 crore. Now, its market cap is ₹2.29 lakh crore.