DMart Q3 Results: Avenue Supermarts Ltd, the operator of the popular hypermarket chain DMart, has reported a strong financial performance for the third quarter of the fiscal year 2025-26. The company, led by veteran investor Radhakishan Damani, saw its consolidated net profit surge by 18.28% to ₹855.78 crore for the October-December quarter, driven by robust operational revenue.
DMart Q3 Results A Quick Snapshot
The retail giant’s performance reflects its resilience in a competitive market. Below is a comparison of the key financial metrics for Q3 FY26 versus the same period last year:
| Metric | Q3 FY 2025-26 | Q3 FY 2024-25 | Growth (%) |
| Net Profit | ₹855.78 Crore | ₹723.54 Crore | +18.28% |
| Revenue from Operations | ₹18,100.88 Crore | ₹15,972.55 Crore | +13.32% |
| Total Expenses | ₹16,942.62 Crore | ₹15,001.64 Crore | +12.94% |
The company added 10 new stores during the quarter, bringing its total store count to 442 across India. Notably, revenue growth was slightly tempered by price deflation in essential staples, though a recovery in older stores (with a 5.6% growth in stores over two years old) provided a significant boost.
Leadership Transition: Anshul Asawa Appointed as CEO & MD
A major highlight of the board meeting was the announcement regarding the top leadership. Anshul Asawa, a Unilever veteran with nearly three decades of experience, has been approved as the new Chief Executive Officer (CEO) and Managing Director (MD).
- Effective Date: April 1, 2026.
- Tenure: 3 years (subject to shareholder approval).
- Background: Asawa, an alumnus of IIT Roorkee and IIM Lucknow, previously served as the Country Head for Unilever Thailand. He succeeds Ignatius Navil Noronha, who has spearheaded the company’s massive expansion over the last two decades.
Also Read: Torrent Pharma Plans ₹12,500 Crore Bond Issue to Fund Major Acquisition
Market Outlook and Stock Performance
While the financial results were robust, DMart’s stock performance has remained relatively flat over the medium term. On Friday, the shares closed at ₹3,805 on the BSE.
Investors are watching closely as the stock has underperformed the broader market in recent years:
- 1-Year Return: -0.21%
- 3-Year Return: -1.97%
- 5-Year Return: +28.22% (compared to Sensex’s 71% gain in the same period).
Analysts suggest that while the company’s “Everyday Low Cost” (EDLC) model remains a powerhouse, the stock’s valuation and competition from quick-commerce players like Blinkit and Swiggy Instamart remain key monitorables for the upcoming Monday trading session.
Disclaimer: The information provided is based on company filings and market data. Stock market investments are subject to market risks. Please consult with a certified financial advisor before making any investment decisions.
Yogesh Kolhe is a market and business news author with a focus on the automobile sector and gold and silver price movements, offering readers practical insights into industry and market trends.
