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Avenue Supermarts Q4 Results: On DMart s brick-and-mortar business and overall performance, Neville Noronha, CEO and managing director said, “We ended the year with growth across key financial parameters of Revenue, EBITDA and PAT. Two years and older DMart stores grew by 9.9 per cent during FY 2024 as compared to FY 2023." The company said it has 284 stores that are 2 years or older. In the year 2023-24, it has opened 41 new stores taking the total store count to 365. ....
DMart, which faces intense competition from Reliance Industries Ltd and is known for discounts on everything from pulses to clothes, has seen inflation-weary consumers tighten spending on non-essential purchases. ....