Avenue Supermarts' Q3 Revenue Soars 24.7% to Rs 11,304.58 Crore, D-Mart's Robust Growth Continues

28 Nov 2023 , 03:29 PM

Avenue Supermarts Ltd, owner of D-Mart retail chain, reports a 24.7% rise in standalone revenue to Rs 11,304.58 crore for Q3 ending December 31, 2022. In the same quarter the previous year, the company had revenue from operations amounting to Rs 9,065.02 crore.

The total number of stores as of December 31, 2022, is 306. In the year-ago period, Avenue Supermarts’ standalone revenue was Rs 7,432.69 crore.

DMart, promoted by Radhakishan Damani and family, operates in various markets, including Maharashtra, Gujarat, Daman, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, Chhattisgarh, NCR, Tamil Nadu, Punjab, and Rajasthan.

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