DMart Revenue Rises, Shares Drop Slightly

Shares of Avenue Supermarts, the company that runs the DMart retail chain, fell by more than 2% on Monday as investors remained cautious after the company released a mixed update for the third quarter.

The company reported standalone revenue of ₹17,612.6 crore for the quarter, which is a 13% increase compared to ₹15,565 crore in the same period last year. While the revenue growth remained strong, market sentiment was affected by signs of slowing momentum.

Although DMart continues to post double-digit growth, its three-year compound annual growth rate (CAGR) has slowed to 15.7%. This suggests that the pace of growth has moderated compared to earlier years.

The company continued to expand its store network during the quarter. It added 10 new stores in the third quarter and a total of 27 new stores so far in FY26. This has led to a 14.2% increase in the total number of stores over the past year.

Investors are closely watching how DMart balances growth with profitability as competition in the retail sector increases and consumer demand shows signs of slowing.