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Avenue Supermarts Limited, the company operating the retail chain D-Mart, has made a profit (consolidated net profit) of Rs 746 crore in the second quarter of the financial year 2025-26. It has increased by 5.07% on annual basis. Even in the same quarter last year, the company had made a profit of only ₹ 710 crore.
D-Mart generated revenue from operations of ₹16,219 crore in the July-September quarter, an increase of 15.43% year-on-year. The company’s revenue in the same quarter last year was ₹ 14,050 crore. The money received from selling goods and services is revenue.
The company’s shares have risen 21% so far this year
Before releasing the results on Friday, October 10, shares of Avenue Supermart (D-Mart) closed at Rs 4,328, up 0.53%. The company’s shares have fallen 5% in a year. However, it has increased by 5% in the last 6 months and by 21% this year i.e. from January 1 till now.
Damani is the founder of supermarket chain D-Mart.
Radhakishan Damani is the founder of supermarket chain D-Mart. He started D-Mart in 2002 from Powai area of Mumbai. Here he opened the first store of D-Mart. In 1999, Damani had started a franchise of ‘Apna Bazaar’ in Nerul, New Mumbai, but he did not know the model.
D-Mart debuted in the stock market in 2017
The D-Mart supermarket chain is operated by Avenue Supermarts Limited (ASL). The CEO of Avenue Supermarts is Neville Noronha. 68-year-old Radhakishan Damani’s company D-Mart had debuted in the stock market 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 Rs 2.81 lakh crore.
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