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D-Mart’s second quarter revenue up 35.7% to ₹10,384 crore

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Avenue Supermarts Ltd, owner and operator of retail chain D-Mart, has reported a 35.75 percent increase in stand-alone revenue from operations to Rs 10,384.66 crore for the second quarter of the current fiscal year.



The company had a turnover of Rs 7,649.64 crore in the period a year ago, according to a regulatory filing.

“Standing revenue from operations for the quarter ended September 30, 2022 was Rs 10,384.66 crore,” it said in the regulatory filing on Monday.

At the end of September, it had a total of 302 stores.

In the July-September quarter of FY 2020-21, Avenue Supermarts’ standalone revenue was Rs 5,218.15 crore.

It was Rs 5,949 crore in the pre-pandemic July-September quarter of FY 2019-20.

Promoted by Radhakishan Damani and his family, DMart sells basic commodities for home and personal use in several states including Maharashtra, Gujarat, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana and Tamil Nadu.

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