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D-Mart's parent company reported a 15.4% revenue rise in Q2 2025, driven by store expansion and new openings in northern India.
Avenue Supermarts, owner of D-Mart, reported a 15.43% year-on-year rise in standalone revenue to ₹16,218.79 crore for the quarter ended September 30, 2025, driven by continued expansion, including 14 new stores in northern India, such as D-Mart’s first in Agra.
The company operated 432 stores as of September 2025, with one in Navi Mumbai temporarily closed for reconstruction.
It plans up to 50 new store openings in FY26, focusing on high-growth areas like Uttar Pradesh, and recently raised ₹100 crore in short-term debt to support growth.
CEO Neville Noronha will step down in January 2026, succeeded by Anshul Asawa.
Financial results are pending board approval on October 11, 2025, and are subject to a limited auditor review.
La compañía matriz de D-Mart informó un aumento del 15,4% en los ingresos en el segundo trimestre de 2025, impulsado por la expansión de tiendas y nuevas aperturas en el norte de la India.