D-Mart posts ₹773 Cr profit, revenue up 16% YoY
Avenue Supermarts Limited, a company operating retail chain de-mart, has made a profit of Rs 773 crore in the first quarter of FY 2025-26. It remained flat on an annual basis. In the same quarter of last year, the company also made a profit of ₹ 773 crore.
In the April-June quarter, D-Mart generated a revenue of ₹ 16,360 crore from the operation, growing 16.28% on an annual basis. The company’s revenue was ₹ 14,069 crore in the same quarter of last year. The money from selling goods and services is revenue or revenue.
D-mart’s share dropped 12% in a year
Avenue Supermart (D-Mart) shares fell 2.40% to close at 4,069 on Friday 11 July before releasing the results. The company’s stock has fallen 5% in 5 days, 1% in a month and 17% in a year. However, it has been given 16% in the last 6 and 14% from this year i.e. January 1 till now.
Damani is the founder of supermarket chain de-mart
Supermarket chain de-mart founder Radhakishan Damani. He started D-Mart in 2002 from Powai area of Mumbai. Here he opened the first store of D-Mart. In 1999, Damani started a franchise of ‘Apna Bazaar’ in Nerul, New Mumbai, but did not submit this model.
D-Mart made his stock market debut in 2017
The D-Mart operates Supermarted Chain Avenue Supermarts Limited (ASL). CEO Neville Noronha of Avenue Supermarts is. 68-year-old Radhakishan Damani’s company D-Mart made his stock market debut in 2017.
D-mart was listed in the stock market on 21 March 2017, on that day the company market cap was Rs 39,988 crore. Now the market cap of the company is 2.65 lakh crore rupees.
