Fri Oct 04 05:26:00 UTC 2024: ## DMart Reports Strong Q1 FY25 Results with Revenue Growth and Increased Profit
**Mumbai, October 4, 2024:** Avenue Supermarts, the parent company of the popular supermarket chain DMart, announced a robust first quarter performance for fiscal year 2025. The company saw a significant increase in both revenue and profit, driven by expansion and a strong consumer demand.
DMart’s revenue from operations surged by 18.57% year-on-year to reach Rs 14,069.14 crore in Q1 FY25. This marks a significant jump from the Rs 11,865.44 crore recorded in the same period last year.
The company also reported a 17.46% increase in consolidated net profit, reaching Rs 773.82 crore compared to Rs 658.75 crore in Q1 FY24.
As of September 30, 2024, DMart operates a total of 377 stores across India. The company’s strong financial performance reflects the continued success of its value-driven retail model, offering a wide range of products at competitive prices.
Despite the positive results, shares of Avenue Supermarts slipped 2.77% on the BSE to close at Rs 4,803.20.
First Piper 