By:- B.T Team

Image Credit:- Google

– DMart Expansion

Avenue Supermarts' revenue for Q3 FY25 surged by 17.5% YoY to ₹15,565.23 crore.

Avenue Supermarts shares zoomed 15% to ₹4,152.75 on January 3, 2025, after releasing its Q3 business update.

DMart added 10 new stores in Q3 FY25, bringing its total store count to 387.

Revenue grew from ₹11,304.58 crore in Q3 FY23 to ₹15,565.23 crore in Q3 FY25.

In Q2 FY25, Avenue Supermarts reported a 5.78% rise in net profit to ₹659.44 crore.

Total expenses in Q2 FY25 increased by 14.94%, totaling ₹13,574.83 crore.

DMart opened 6 new stores in Q2 FY25, totaling 377 stores by September 30, 2024.

DMart, founded by Radhakishan Damani, operates across 11 states and the NCR.

Despite the Q3 rally, Avenue Supermarts' shares are down 8% over the past 12 months.

Positive Q3 results and stock performance indicate a promising outlook for investors.

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