Avenue Supermarts Q4 Results: Net Profit Falls, Revenue Up Nearly 17%

Two years and older DMart stores grew by 8.1% during the fourth quarter, as compared to 10.3% in the same period last year. The growth is primarily driven by increased footfall.

Increased competitive intensity in the FMCG space has impacted gross margins, the company said.

The firm also saw a surge in wages of entry level positions due to demand-supply mismatch of skilled workforce, it said.

There was continued investments in improving service levels with respect to faster turnarounds on availability, checkouts and future store openings. It also had a larger number of store openings during this quarter, the company said.

Overall, business continued to be resilient in metro towns. Company is doing significantly better in non-metro towns, it said.

DMart Ready business is growing extremely well in key metro towns, it added.

Anshul Asawa, CEO Designate, joined in mid-March 2025 and is going through a detailed familiarisation and understanding of the organisation, the company said.