📷 Image: Wikimedia Commons / TWS LUOK Mingaowpuo
Business
D-Mart Q2 Update: Revenue and Store Count Surge for Damani‑Owned Avenue Supermarts
✍️ Livemint
🗓 05 Oct 2026, 12:37 AM
👁 11
Avenue Supermarts, the parent of D‑Mart, reported a rise in revenue and an expansion in store count during the second quarter, underscoring the chain’s continued growth under the stewardship of the Damani brothers.
Avenue Supermarts, the parent company of the D‑Mart retail chain, released its second‑quarter financial results today, highlighting a rise in both revenue and the number of stores.
The company, owned by Dilip and Ashwin Damani, has continued to expand its footprint across India, adding new outlets while maintaining its focus on cost‑efficient operations.
Financial analysts noted that the growth in revenue reflects the chain’s strong market position and the popularity of its low‑price, high‑quality product mix.
The update also reaffirmed the company’s commitment to further expansion, with plans to open additional stores in the coming months.
Investors have welcomed the results, seeing them as a sign of resilience in the face of a competitive retail environment.
The company, owned by Dilip and Ashwin Damani, has continued to expand its footprint across India, adding new outlets while maintaining its focus on cost‑efficient operations.
Financial analysts noted that the growth in revenue reflects the chain’s strong market position and the popularity of its low‑price, high‑quality product mix.
The update also reaffirmed the company’s commitment to further expansion, with plans to open additional stores in the coming months.
Investors have welcomed the results, seeing them as a sign of resilience in the face of a competitive retail environment.