Avenue Supermarts Q3 Revenue Jumps to ₹17,613 Cr; D-Mart Stores Reach 442

Avenue Supermarts | Axis Securities has projected an 18% upside on the stock with a target price of 5,280 per share. It said the company has taken several initiatives to address challenges such as subdued demand environment, increasing competition from organised players and online platforms, among others. It is of the view that the overall improving consumer demand, supported by stable macroeconomics and a strong festive outlook in the second half of FY26 is expected to further support these initiatives and drive growth in high-margin general merchandise and apparel categories.

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CNBC TV18•02-01-2026, 18:47

Avenue Supermarts Q3 Revenue Jumps to ₹17,613 Cr; D-Mart Stores Reach 442

•Avenue Supermarts (D-Mart) reported standalone Q3 FY26 revenue of ₹17,612.62 crore.
•This marks a significant increase from previous Q3 figures, showing consistent growth.
•The company now operates 442 stores across India as of December 31, 2025.
•One store in Sanpada, Navi Mumbai, is temporarily closed for reconstruction.
•Shares of Avenue Supermarts rose 4.90% on January 2.

Why It Matters: Avenue Supermarts shows strong Q3 revenue growth and expanded store count, boosting investor confidence.

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