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Avenue Supermarts
Avenue Supermarts Ltd on Saturday reported an 18.28 per cent rise in consolidated net profit at Rs 855.78 crore in the third quarter ended December 2025, on the back of higher revenue. The company, which runs a supermarket chain under the brand DMart, registered a consolidated net profit of Rs 723.54 crore in the same quarter last fiscal, Avenue Supermarts Ltd said in a regulatory filing. Consolidated revenue from operations in the latest third quarter stood at Rs 18,100.88 crore as against Rs 15,972.55 crore in the year-ago period, it added. Total expenses in the third quarter were higher at Rs 16,942.62 crore as compared to Rs 15,001.64 crore in the corresponding period last fiscal. The company said its board has approved the appointment of Anshul Asawa, presently the CEO Designate, as Chief Executive Officer and Managing Director, for a term of three years with effect from April 1, 2026, subject to the approval of shareholders. He will succeed Ignatius Navil Noronha, who will c
Avenue Supermarts Ltd, which operates the D-Mart retail chain stores, has raised Rs 100 crore in short-term debt through the issuance of commercial paper. The commercial paper, which has been issued on Monday and will mature after 91 days on December 29, 2025, bears a coupon rate of 6 per cent. The said commercial paper (CP) is proposed to be listed on the BSE, said a regulatory filing by the company. The CP has a Credit Rating of ICRA A1+', it added. In a separate filing, Avenue Supermarts informed that it has opened a new store in New Delhi at Epicah Mall & Business Centre, Moti Nagar on Tuesday. With this, the total number of D-Mart stores "as on date stands at 431", it added. Promoted by Radhakishan Damani and his family, DMart retails basic home and personal products across markets, which include Maharashtra, Gujarat, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, Chhattisgarh, NCR, Tamil Nadu, Punjab and Rajasthan.