dmart-posts-profit-of-₹746-crore-in-q2-fy26:revenue-rises-15%-yoy-to-₹16,219-crore;-company’s-stock-up-21%-ytd

Avenue Supermarts Limited, which operates the retail chain DMart, earned a profit (consolidated net profit) of ₹746 crore in the second quarter of fiscal year 2025-26. This is a 5.07% increase year-on-year. In the same quarter last year, the company had earned a profit of ₹710 crore. In the July-September quarter, DMart generated revenue of ₹16,219 crore from operations, up 15.43% year-on-year. In the same quarter last year, the company’s revenue was ₹14,050 crore. Revenue is the money received from selling goods and services. Company’s share has risen 21% this year so far Before announcing the results, Avenue Supermarts (DMart) shares closed 0.53% higher at ₹4,328 level on Friday, 10 October. The company’s share has fallen 5% in one year. However, it has risen 5% in the last 6 months and 21% this year, ie, from January 1 till now. Damani is the founder of supermarket chain D-Mart D-Mart was founded by Radhakishan Damani. He started DMart in 2002 in Mumbai. Here, he opened the first D-Mart store. In 1999, Damani started an ‘Apna Bazar’ franchise in Nerul, Navi Mumbai, but he wasn’t satisfied with this model. D-Mart made its stock market debut in 2017 The D-Mart supermarket chain is operated by Avenue Supermarts Limited (ASL). Neville Noronha is the CEO of Avenue Supermarts. 68-year-old Radhakishan Damani’s company DMart made its stock market debut in 2017. D-Mart was listed on the stock market on March 21, 2017, when the company’s market cap was ₹39,988 crore. Now the company’s market cap is ₹2.81 lakh crore.