DMart FY26 growth steady, e-commerce weighs on margins
BENGALURU, May 2 -- Avenue Supermarts Ltd, operator of DMart, on Friday reported steady double-digit growth in FY26, even as intensifying competition from quick-commerce platforms continued to weigh on margins in its e-commerce business.
The Mumbai-headquartered company reported revenue of Rs.17,204.50 crore for the January-March quarter, up 18.96% year-on-year, while net profit rose 16.9% to Rs.724.60 crore.
For FY26, revenue increased 15.8% to Rs.66,968.03 crore, while net profit stood at Rs.3,223.93 crore.
"The geopolitical tensions led to some spike in consumer-buying during the month of March 2026 which normalized towards the end of the month. Our business has largely not witnessed any supply chain disruptions thus far," said Ansu...
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