On January 3, 2022, Avenue Supermarts (DMart) announced that the total number of DMart stores, as of December 31, 2022, stood at 306.

The company has reported a standalone revenue of Rs 11,304.58 crore in the third quarter of FY23, up 24.71% from Rs 9,065.02 crore reported in the third quarter of FY22. The revenue is more than Rs 7,432.69 crore reported at the end of December month in 2022 and Rs 6,751.94 crore posted at the end of December 2019.

DMart offers a wide range of products focusing on foods, non-foods (FMCG) and general merchandise & apparel product categories. At the end of September 2022, 302 operating stores with a retail business area of 12.4 million sq ft across Gujarat, Maharashtra, Andhra Pradesh, Daman, Telangana, Karnataka, Madhya Pradesh, Tamil Nadu, Rajasthan, Chhattisgarh, Delhi (NCR) and Punjab.

On a consolidated basis, the net profit of DMart reported a 64.1% rise to Rs 686 crore on a 36.6% increase in total revenue to Rs 10,638 crore in the July-September quarter of FY23 over the July-September quarter of FY22.

On the Bombay Stock Exchange (BSE), Avenue Supermarts’ shares slipped by 1.66% to Rs 3,990.95.