DMart's Q3 Profit Soars 17%, Revenue Jumps 13.3% YoY

• Avenue Supermarts (DMart) reported a 17% year-on-year increase in net profit to ₹856 crore for Q3.
• Revenue from operations grew 13.3% year-on-year, reaching ₹18,101 crore.
• EBITDA rose 20.2% to ₹1,463 crore, with the EBITDA margin improving to 8.1%.
• Ignatius Navil Noronha's term as MD and CEO concludes on January 31.
• Shares of the Mumbai-headquartered retailer closed 0.45% higher on Friday.

Why It Matters: DMart demonstrates strong financial performance in Q3 with significant profit and revenue growth.