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DMart parent's Q4 results: Profit rises 19% YoY to ₹657cr
03 May 2026

Avenue Supermarts Limited, the parent company of DMart, reported mixed financial results for the March quarter.

The company's net profit stood at ₹656.6 crore, missing the CNBC-TV18 poll estimate of ₹680 crore.

However, its earnings before interest, taxes, depreciation and amortization (EBITDA) came in slightly above expectations at ₹1,210.5 crore against a projected ₹1,200 crore.

Year-on-year growth in profit and revenue
Financial performance

On a year-on-year basis, DMart's profit saw a significant increase of 19.2%, up from ₹550.9 crore.

The company's revenue also witnessed an impressive growth of 18.9%, rising to ₹17,683.9 crore from ₹14,871.9 crore in the previous year period.

EBITDA also grew by a whopping 26.7% to reach ₹1,210.5 crore as compared to ₹955.1 crore last year, while operating margins improved slightly to 6.85% from last year's 6.42%.

Management changes announced by DMart
Management reshuffle

Along with financial results, DMart also announced some major changes in its management.

Hitesh Shah has been appointed as the Chief Business Officer for Pharmacy and Food Services.

Meanwhile, Director Chandrashekhar Bhave will resign from the board on May 16.

Ravi Sharma has been named as Internal Auditor for FY27.

Expansion strategy remains on track
Growth strategy

Despite the mixed financial results and management changes, DMart's expansion strategy remains on track. The company has opened new stores and now has a total of 500 outlets as of FY26.