DMart shares slide over 1% as after company’s Q2 update disappoints Street

Shares of Avenue Supermarts, the operator of DMart retail stores, slid 1.5% to their day’s low of Rs 3,666 on the BSE on Monday, January 5, following the company’s provisional update for the third quarter ended December 31, 2025. The Radhakishan Damani-led company reported a 13% year-on-year increase in its standalone revenue from operations.

The company’s revenue rose to Rs 17,613 crore from Rs 15,565 crore in the same quarter last year. This update was part of DMart’s Q3 disclosures, and the revenue figure remains provisional, subject to changes in the final earnings announcement.

During the quarter under review, DMart’s total store count stood at 442.

The update follows a performance in the previous quarters where the company had posted a 4% year-on-year increase in net profit for the September quarter (Q2FY26), reaching Rs 685 crore compared to Rs 660 crore in the corresponding period of the previous year. Revenue from operations in that quarter was Rs 16,676 crore, marking a 15% rise from Rs 14,444 crore in the year-ago quarter.

Sensex, Nifty today: Catch all the LIVE stock market action here

Sequentially, however, the profit after tax (PAT) saw an 11% decline when compared to Rs 773 crore reported in the first quarter of FY26. The topline showed a 2% growth on a quarter-on-quarter basis against Rs 16,360 crore reported in the April-June quarter.

On a standalone basis for Q2, DMart had reported total revenue of Rs 16,219 crore, reflecting a year-on-year growth of 15.4%, while net profit increased 5% year-on-year to Rs 747 crore.On Friday, DMart shares closed flat at Rs 3,721 on the BSE.

Also read: Looking for 2026 winners? Hindustan Copper, BSE among 10 stocks with up to 36% upside

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)