Avenue Supermarts (Dmart) Q3 Results: Radhakishan Damani Led Co To Announce Earnings This Week

As the earnings season begins, several companies listed on the NSE and BSE are announcing their schedules for releasing third-quarter results for the financial year 2024-25. Among others, Avenue Supermarts Ltd (DMart ) will announce its quarterly results.

DMart's Q3 FY2024-25
Avenue Supermarts Ltd, the parent company of DMart, will announce its earnings report for the quarter ended December 31, 2024, on January 11, 2025.

The company’s Board of Directors is set to meet tomorrow, Saturday, January 11, to approve the unaudited standalone and consolidated financial results for the third quarter and nine months of the financial year 2024-25.

‘we wish to inform you that meeting of the Board of Directors of the Company is scheduled to be held on Saturday, January 11, 2025 to, inter alia, consider and approve the Un-audited Standalone & Consolidated Financial Results of the Company for the quarter and nine-months ended December 31, 2024,’ as mentioned in the exchange filing.

Strong Business Update Triggers Share Price Surge
DMart shares witnessed a notable surge, jumping 15% during morning trading on January 3, following the announcement of a positive business update for Q3 FY2024-25.

In a filing with the stock exchanges, Avenue Supermarts shared the financial performance for the October-December period, reporting a significant 17.5% year-on-year increase in standalone revenue from operations. The figure stood at Rs 15,565.23 crore for Q3 FY2024-25, compared to Rs 13,247.33 crore in the same quarter last year.

Company's Rapid Expansion and Growth Trajectory
These financial updates were disclosed on January 2, 2025, after the markets closed. DMart has continued its aggressive expansion strategy, with the company now operating 387 stores across India as of December 31, 2024. The company remains a dominant player in India’s retail sector, consistently reporting strong growth and expanding its footprint in the competitive retail market.

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