Latest news with #D-Mart
Business Standard
3 days ago
- Business
- Business Standard
Avenue Supermarts slumps after Q1 PAT drops to Rs 773 cr in FY26
Avenue Supermarts (Dmart) declined 2.76% to Rs 3,955.25 after the company's consolidated net profit fell 0.11% to Rs 772.97 crore despite a 16.28% jump in revenue from operations to Rs 16,359.70 crore in Q1 FY26 over Q1 FY25. Profit before tax (PBT) rose 0.32% YoY to Rs 1,057.47 crore in Q1 June 2025. Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) in Q1FY26 stood at Rs 1,299 crore, registering the growth of 6.39% compared to Rs 1,221 crore recorded in the corresponding quarter of last year. EBITDA margin stood at 7.9% in Q1FY26 as compared to 8.7% in Q1FY25. D-Mart follows Everyday low cost - Everyday low price (EDLC-EDLP) strategy which aims at procuring goods at competitive prices, using operational and distribution efficiency and thereby delivering value for money to customers by selling at competitive prices. The company opened 9 stores during the quarter. Its total store stands at 424 as on 30th June 2025. On standalone basis, the company's net profit increased 2.1% to Rs 829.73 crore on 16.2% jump in revenue from operations to Rs 15,932.12 crore in Q1 June 2025 over Q1 June 2024. Neville Noronha, CEO & managing director, Avenue Supermarts, said: Our revenue in Q1 FY26 grew by 16.2% over the previous year. Profit after tax (PAT) grew by 2.1% over the previous year. Two years and older DMart stores grew by 7.1% during Q1 FY26 as compared to Q1 FY25. Revenue growth impact of approximately 100-150 bps was primarily due to high deflation in many staples and non-food products. Gross margins are lower as compared to the same period in the previous year, due to continued competitive intensity within the FMCG space. Operating costs are higher due to our efforts on improving service levels, capacity building and inflation at entry level wages. Avenue Supermarts is a Mumbai-based company, which owns and operates D-Mart stores. D-Mart is a national supermarket chain that offers customers a range of home and personal products under one roof. It offers a wide range of products with a focus on Foods, Non-Foods (FMCG) and General Merchandise & Apparel product categories.
Business Standard
5 days ago
- Business
- Business Standard
Avenue Supermarts Q1 PAT drops to Rs 773 cr in FY26
Avenue Supermarts (Dmart)'s consolidated net profit fell 0.11% to Rs 772.97 crore despite a 16.28% jump in revenue from operations to Rs 16,359.70 crore in Q1 FY26 over Q1 FY25. Profit before tax (PBT) rose 0.32% YoY to Rs 1,057.47 crore in Q1 June 2025. Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) in Q1FY26 stood at Rs 1,299 crore, as compared to Rs 1,221 crore in the corresponding quarter of last year. EBITDA margin stood at 7.9% in Q1FY26 as compared to 8.7% in Q1FY25. D-Mart follows Everyday low cost - Everyday low price (EDLC-EDLP) strategy which aims at procuring goods at competitive prices, using operational and distribution efficiency and thereby delivering value for money to customers by selling at competitive prices. The company opened 9 stores during the quarter. Its total store stands at 424 as on 30th June 2025. On standalone basis, the company's net profit increased 2.1% to Rs 829.73 crore on 16.2% jump in revenue from operations to Rs 15,932.12 crore in Q1 June 2025 over Q1 June 2024. Neville Noronha, CEO & managing director, Avenue Supermarts, said: Our revenue in Q1 FY26 grew by 16.2% over the previous year. Profit after tax (PAT) grew by 2.1% over the previous year. Two years and older DMart stores grew by 7.1% during Q1 FY26 as compared to Q1 FY25. Revenue growth impact of approximately 100-150 bps was primarily due to high deflation in many staples and non-food products. Gross margins are lower as compared to the same period in the previous year, due to continued competitive intensity within the FMCG space. Operating costs are higher due to our efforts on improving service levels, capacity building and inflation at entry level wages. Avenue Supermarts is a Mumbai-based company, which owns and operates D-Mart stores. D-Mart is a national supermarket chain that offers customers a range of home and personal products under one roof. It offers a wide range of products with a focus on Foods, Non-Foods (FMCG) and General Merchandise & Apparel product categories. The counter declined 2.49% to settle at Rs 4063.90 on Friday, 11 July 2025.
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Business Standard
5 days ago
- Business
- Business Standard
D-Mart Q1 FY26 result: Profit marginally down, revenue up 16.2% YoY
Avenue Supermarts Ltd, the operator of D-Mart stores, on Friday reported a marginal decline in net profit to ₹772.97 crore for the quarter ended June 2025 (Q1 FY26), from ₹773.82 crore in the year-ago quarter (Q1 FY25). Sequentially, net profit rose 40.2 per cent from ₹550.90 crore recorded in the previous quarter (Q4 FY25). Revenue from operations grew 16.2 per cent year-on-year to ₹16,359.70 crore in Q1 FY26, up from ₹14,069.14 crore in Q1 FY25. Compared to the last quarter, revenue increased by 10 per cent from ₹14,871.86 crore reported in Q4 FY25. 'Our revenue in Q1 FY26 grew by 16.2 per cent over the previous year. Profit after tax (PAT) grew by 2.1 per cent over the previous year. Two years and older D-Mart stores grew by 7.1 per cent during Q1 FY26 as compared to Q1 FY25," said Neville Noronha, CEO & Managing Director, Avenue Supermarts Limited. Shares of Avenue Supermarts closed at ₹4,063.9 apiece on the BSE on Friday.
Business Standard
03-07-2025
- Business
- Business Standard
DMart revenue jumps 16% YoY in Q1 FY26
Avenue Supermarts (DMart) announced that the total number of DMart stores as of 30 June 2025 stood at 424. DMart has reported standalone revenue of Rs 15,932.12 crore in the quarter ended 30 June 2025, recording a growth of 16.19% from Rs 13,711.87 crore posted in the same period a year ago. The revenue is higher than Rs 11,584.44 crore reported in the quarter ended 30 June 2023 and Rs 9,806.89 crore registered in the quarter ended 30 June 2022. Avenue Supermarts is a Mumbai-based company, which owns and operates D-Mart stores. D-Mart is a national supermarket chain that offers customers a range of home and personal products under one roof. It offers a wide range of products with a focus on foods, non-foods (FMCG) and general merchandise & apparel product categories. The companys consolidated net profit fell 2.19% to Rs 550.90 crore in Q4 FY25 as compared with Rs 563.25 crore in Q4 FY24. Revenue from operations jumped 16.86% YoY to Rs 14,871.86 crore during the quarter ended 31st March 2025. Shares of Avenue Supermarts (DMart) declined 3.03% to Rs 4,259.25 on the BSE.
Economic Times
03-07-2025
- Business
- Economic Times
Avenue Supermarts shares in focus after Q1 FY26 revenue rises 16% YoY; store count hits 424
Live Events Avenue Supermarts shares price target (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of Avenue Supermarts , which operates the D-Mart retail chain, will be in focus on Thursday after the company reported a 16.2% year-on-year rise in standalone revenue for Q1 FY26. Revenue for the quarter ended June 30, 2025, stood at Rs 15,932.12 crore, up from Rs 13,711.87 crore in the same period last operational update, released on Wednesday, highlights the company's steady growth momentum in India's organised retail of June 30, 2025, Avenue Supermarts operated 424 stores across the country. The company added six net new stores in Q1, including a significant entry into Agra—its first major expansion in Uttar Pradesh since entering Pradesh, India's most populous state, is viewed as a high-potential region for modern retail, and D-Mart's expansion is being closely watched by the Q1 update follows a subdued Q4 FY25 performance, where the company reported a 2% decline in consolidated net profit to Rs 551 crore despite a 17% rise in total revenue to Rs 14,872 crore. EBITDA rose modestly by 1.2% to Rs 955.3 crore, but margins remained under pressure, with the EBITDA margin narrowing to 6.4% from 7.4% a year Supermarts continues to pursue a cluster-based expansion strategy, focusing on opening new stores near existing locations and distribution centres. This model helps improve supply chain efficiency and reduce operating costs while strengthening presence in core to Trendlyne, the average target price for Avenue Supermarts shares is Rs 4,033, implying a potential downside of 8% from current levels. The stock carries a 'Hold' rating from 30 the previous session, Avenue Supermarts shares ended 1.35% lower at Rs 4,392.20. The stock is down 8% over the past year but has gained 23% so far in 2025.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
