Avenue Supermarts Ltd, the company behind retail chain D-Mart, reported a 3.85 per cent rise in consolidated net profit at Rs 684.85 crore for the second quarter ended September 2025, up from Rs 659.44 crore a year ago, according to a regulatory filing, PTI reported.Revenue from operations climbed 15.45 per cent to Rs 16,676.30 crore during the quarter, compared with Rs 14,444.50 crore in the same period last year. The company’s PAT margin stood at 4.1 per cent, down from 4.6 per cent in Q2FY25. Total expenses rose 16 per cent to Rs 15,751.08 crore, while total income, including other income, was Rs 16,695.87 crore, up 15.3 per cent year-on-year.CEO-Designate Anshul Asawa said, “Two years and older DMart stores grew by 6.8 per cent during Q2 FY26 as compared to Q2 FY25.” He also noted that the Damani-family-promoted firm has passed on the benefits of GST reforms to customers by reducing prices where applicable.Asawa has taken charge of all operational aspects of the company’s brick-and-mortar business following the leadership transition. Neville Noronha, CEO since 2007, stepped down in January 2026 and opted not to renew his term.During the quarter, D-Mart added eight new stores, taking its total to 432 as of September 30, 2025. The company also shut its e-commerce service DMart Ready in five cities — Amritsar, Belgavi, Bhilai, Chandigarh, and Ghaziabad — while expanding its fulfilment network by 10 centres in existing markets.“We added 10 new fulfilment centres in our existing markets and continued to invest and deepen our presence in the large metro cities,” said Vikram Dasu, Whole Time Director and CEO, Avenue E-Commerce.D-Mart operates in multiple states, including Maharashtra, Gujarat, Telangana, Andhra Pradesh, Karnataka, Tamil Nadu, Madhya Pradesh, Rajasthan, Punjab, NCR, Chhattisgarh, and Daman, offering a wide range of home and personal products.
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