Avenue Supermarts Q3 Profit Rises 18.28 Per Cent To ₹855.78 Crore On Higher Revenue

Avenue Supermarts reported an 18.28 per cent rise in consolidated net profit at Rs 855.78 crore for Q3 ended December 2025, driven by higher revenue. The company also announced the appointment of Anshul Asawa as CEO and MD effective April 1, 2026.

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PTI Updated: Saturday, January 10, 2026, 06:23 PM IST
Avenue Supermarts reports an 18.28 per cent jump in Q3 profit to Rs 855.78 crore driven by strong revenue growth | Representational Image

Avenue Supermarts reports an 18.28 per cent jump in Q3 profit to Rs 855.78 crore driven by strong revenue growth | Representational Image

New Delhi, Jan 10: 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.

Revenue and expenses

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, compared with Rs 15,001.64 crore in the corresponding period last fiscal.

Top management changes

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.

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He will succeed Ignatius Navil Noronha, who will cease to hold office as Managing Director and CEO from January 31, 2026, on completion of his tenure, it added.

(Disclaimer: Except for the headline, this article has not been edited by FPJ's editorial team and is auto-generated from an agency feed.)

Published on: Saturday, January 10, 2026, 06:23 PM IST

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