Avenue Supermarts, the operator of the DMart retail chain, has reported a robust financial performance for the third quarter of FY26, with double-digit growth in both profit and revenue. The company's consolidated net profit for the quarter ended December 2025 rose by 18.3% year-on-year to ₹855.92 crore, compared to ₹723.72 crore in the corresponding quarter of the previous year.

Revenue from operations also saw a healthy increase, climbing 13.3% year-on-year to ₹18,100.88 crore from ₹15,972.55 crore in Q3 FY25. The strong performance comes amid a broader retail sector facing margin pressures and rising operating costs.

Earnings before interest, tax, depreciation, and amortization (EBITDA) jumped to ₹1,463 crore in Q3 FY26, a 20% increase compared to ₹1,217 crore in the same quarter last year. Consequently, the EBITDA margin improved to 8.1% from 7.6% in Q3 FY25. The consolidated PAT margin stood at 4.7% in Q3 FY26, compared to 4.5% in the same period last year.

On a standalone basis, DMart's net profit stood at ₹923.05 crore for Q3 FY26, compared to ₹784.65 crore in the corresponding quarter of the previous year. Standalone revenue for the quarter stood at ₹17,612.62 crore.

The company noted that its revenue growth was partially impacted by deflation in staples. However, a revival in growth from older stores contributed positively to the overall performance. Two-year-old DMart stores grew by 5.6% in Q3 FY26 compared to Q3 FY25. In addition to the financial results, DMart opened 10 new stores during the quarter, bringing the total store count to 442 as of December 31, 2025. One store in Sanpada, Navi Mumbai is currently closed for reconstruction.

For the nine-month period ended December 2025 (9MFY26), total revenue stood at ₹51,137 crore, up from ₹44,486 crore in the same period last year. Net profit for the period increased to ₹2,313 crore from ₹2,157 crore in 9MFY25.

In other news, the company announced that Ignatius Navil Noronha, Managing Director and CEO, will step down from his role effective January 31. He will be succeeded by Anshul Asawa.

Shares of Avenue Supermarts ended Friday's trading session 0.45% higher. Over the past five trading sessions, the stock has declined by 3.92%, while on a one-year basis, DMart shares are up 8.54%.