03 January 2025, Mumbai
Standalone revenue of Dmart-owner, Avenue Supermarts rose by 18 per cent to Rs 15,565 crore in Q3, FY25 that ended on December 31, as against Rs 13,247 crore during the same quarter in 2023-24.
The Company reported a 6 per cent Y-o-Y rise in net profit to Rs 600 crore in Q2, FY25. It also registered a growth in its online grocery formarts including Dmart Ready in large Dmart stores during H1, FY25.
Additionally, Dmart’s Ready stores grew by 22 per cent in H1, FY25. Despite the challenges faced its metro stores, the company expects to finish the year on a strong note. It also opened 10 new stores during the quarter to end with 387 stores as of December 2024.
