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DMart posts double-digit profit growth as festive demand lifts margins
Avenue Supermarts reported strong Q3 earnings with profit rising 18.3 percent year-on-year, driven by festive demand, margin expansion, and disciplined cost management.
Avenue Supermarts reported an 18.3% year on-year rise in net profit to Rs 856 crore for the December quarter, supported by steady festive demand and operational efficiencies. Revenue increased 13.3 % to Rs 13,247 crore, while EBITDA margins improved to a multi quarter high due to better cost control and higher private-label contribution.