DMart Q3 Profit Soars 18.3%, Revenue Up 13.3%; New CEO Appointed
Business
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Moneycontrol•10-01-2026, 19:00
DMart Q3 Profit Soars 18.3%, Revenue Up 13.3%; New CEO Appointed
- •Avenue Supermarts (DMart) reported an 18.27% rise in consolidated net profit to Rs 855.78 crore for Q3 FY26.
- •Revenue from operations increased by 13.32% year-on-year, reaching Rs 18,100.88 crore.
- •PAT margin improved to 4.7% in Q3 FY26 from 4.5% in the same quarter last year.
- •Anshul Asawa, CEO-designate, has been approved as the new CEO and Managing Director, effective February 1, 2026, and April 1, 2026, respectively.
- •Ignatius Navil Noronha will step down as MD and CEO on January 31, 2026.
Why It Matters: DMart shows strong Q3 financial growth with profit and revenue increases, alongside a leadership transition.
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