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Sanjay Ahuja

2nd Apr · SEBI-Registered Analyst

AVENUE SUPERMART IN THE NEWS AFTER COMPANY'S STORE COUNT TOUCHES 500

DMART
shares have been in the news after the company reported that it's store count now stands at 500 following 12 additions this week. The 12 new store additions came a day after the company opened as many as 7 stores across several locations in Gujarat, Karnataka, Tamil Nadu, Delhi and Chhattisgarh. The company reported strong Q3 numbers with an 18% YoY rise in consolidated profits to Rs 856 crore from Rs 724 crore in the same period of the previous financial year. Revenue from operations grew 13% YoY to Rs 18,101 crore during the quarter, up from Rs 15,972 crore in Q3FY25. With such new rapid store expansions, the company can see strong revenue and profit growth in the coming quarters.

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