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Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, has reported a 13.15 per cent rise in its standalone revenue from operations to Rs 17,612.62 crore for the third quarter ended December 31, 2025. The company had registered Rs 15,565.23 crore revenue from operations a year ago, Avenue Supermarts informed BSE in a regulatory filing on Friday. "Standalone Revenue from operations for the quarter ended (QE) December 31, 2025, stood at Rs 17,612.62 crores," said the filing on company update at the end of the quarter. The total number of stores of the Damani-family promoted retail chain stood at 442 as of December 31, 2025. This also includes its Sanpada in Navi Mumbai, Maharashtra, which is currently closed for customers due to reconstruction. On a quarter-on-quarter basis, D-Mart's revenue rose 8.6 per cent. It was Rs 16,218.79 in the September quarter (Q2 FY26). "Standalone Revenue from operations for QE December 31, 2025...is subject to limited review by the statuto
Instacart is heading from the supermarket to the stock market. The San Francisco-based grocery delivery company raised USD 660 million in its initial public offering of stock, selling 22 million shares at USD 30 apiece. Its shares were set to begin trading on Tuesday on the Nasdaq stock exchange under the stock symbol CART. The pricing of the IPO gave Instacart a market value of around USD 10 billion, significantly lower than the USD 39 billion value placed on it after a fund-raising round in 2021. Instacart provides delivery and pickup from 85 per cent of US grocers, or more than 80,000 stores, using a network of 600,000 freelance shoppers. It also provides in-store technology, like smart carts and electronic shelf tags, and sells online ads to food companies and retailers. It says it has 7.7 million active customers who spend about USD 317 per month on the platform. In a letter to investors earlier this month, Instacart CEO Fidji Simo said grocery delivery has tremendous potent