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New Delhi: Leading retail players reported strong double-digit revenue growth in the fourth quarter of FY26 on the back of a stable demand environment and resilient macroeconomic conditions. Listed retail companies as Trent, Avenue Supermarts (D-Mart) and V-Mart, in their recent quarter updates reported around 20 per cent year-on-year growth in their latest quarterly updates, aided by aggressive store additions and steady consumption trends. Trent, a Tata group firm, reported around 20 per cen ...Read More >
New Delhi, Apr 7 (PTI) Leading retail players reported strong double-digit revenue growth in the fourth quarter of FY26 on the back of a stable demand environment and resilient macroeconomic conditions. Listed retail companies as Trent, Avenue Supermarts (D-Mart) and V-Mart, in their recent quarter updates reported around 20 per cent year-on-year growth in their latest quarterly updates, aided by aggressive store additions and steady consumption trends. Trent, a Tata group firm reported around ...Read More >
DMart operator Avenue Supermarts has crossed the 500-store mark after opening 12 new outlets across India on Tuesday. DMart operator Avenue Supermarts reached the milestone of its total store count to 500. Avenue Supermart in its regulatory filing on Tuesday said it has opened 12 new outlets across multiple states. The share price of Avenue Supermarts jumped 7.01% in the early trade following the news. The new stores have come up in cities including Pune, Chennai, Cuttack, Lucknow, Greater N ...Read More >
At a valuation of ₹3.2 lakh crore, Deepinder Goyal of Eternal (formerly Zomato Ltd) has topped the list of self-made entrepreneur in the IDFC FIRST Private & Hurun India's Top 200 Self-made Entrepreneurs of the Millennia 2025. Eternal's valuation has gone up by 27% from last year's report. Radhakishan Damani of Avenue Supermarts (DMart), last year's No. 1, has slipped to second place with a valuation of ₹3 lakh crore, down 13% from last year. Estranged co-founders Rahul Bhatia and Rakesh Ga ...Read More >
Eyewear retailer Lenskart is launching its IPO on October 31, aiming to raise Rs 2,150 crore through a fresh issue and an offer for sale. Backed by Radhakishan Damani, the company plans to use the funds for store expansion, technology, and marketing. This IPO is anticipated to be the fourth-largest public issue of 2025. Eyewear retailer Lenskart is set to make its long-awaited market debut, with its initial public offering (IPO) opening for subscription on Friday, October 31, and closing on Tue ...Read More >
BENGALURU: The Tilak Nagar police have arrested two men for allegedly killing a 35-year-old woman, after suspecting her of having an affair. The victim's body was found wrapped in a blanket and left inside an abandoned autorickshaw near D-Mart in LIC Colony, close to Tilak Nagar police station, on Saturday. The accused have been identified as Subramanya (30), a plumber, and his friend, Senthil (25), a mason. The deceased has been identified as Salma, a domestic worker and widow with four childr ...Read More >
NEW DELHI: Eyewear retailer Lenskart is gearing up to launch its IPO on Oct 31, aiming to raise Rs 2,150 crore through a fresh issue of shares. The IPO will conclude on Nov 4. Last week, DMart founder Radhakishan Damani reportedly invested around Rs 90 crore in Lenskart in a pre-IPO funding round. Lenskart will make its debut on the stock exchanges on Nov 10 ...Read More >
Billionaire investor Radhakishan Damani has invested Rs 90 crore in Lenskart. This investment comes before Lenskart's upcoming Rs 2,150 crore initial public offering. The eyewear retailer plans to use the funds for expansion, technology, and marketing. Lenskart operates online and through a large retail network. It also has international presence. The IPO will see promoters and investors selling shares. Billionaire investor Radhakishan Damani, founder of Avenue Supermarts (DMart), has invested ...Read More >
New Delhi, Oct 26 (PTI) Eyewear retailer Lenskart Solutions is gearing up to launch its initial public offering (IPO) on October 31, aiming to raise Rs 2,150 crore through a fresh issue of shares. This marks its much-awaited entry into the public markets. The company's maiden public offering would conclude on November 4, and the bidding for anchor investors would open for a day on October 30, according to the Red Herring Prospectus (RHP). Apart from the fresh issue, there would be an offer-fo ...Read More >
Avenue Supermarts, which operates the retail chain DMart, reported its financial results for the September quarter on Saturday, October 11. The company posted year-on-year growth across key parameters, with steady improvement in profitability and operating performance. The company's net profit stood at Rs 685 crore, compared to Rs 659 crore in the same quarter last year -- an increase of 3.9% year-on-year (YoY). Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) rose 11% to ...Read More >
Avenue Supermarts reported strong revenue growth for Q2 FY26. DMart's standalone revenue increased by 15.4 percent year-on-year. It reached 16,218.79 crore rupees for the quarter ending September 30, 2025. This marks the highest Q2 revenue in four years. The company now operates 432 DMart stores. The board will meet on October 11 to approve financial results. Avenue Supermarts, the operator of retail chain DMart, has reported a 15.4% year-on-year (YoY) growth in its standalone revenue from oper ...Read More >
Hurun India Rich List 2025: Ambani, Adani, Roshni Nadar Lead Nation's Wealth Surge India's wealth creation engine continues to accelerate, with a record 358 dollar-billionaires and 1,687 individuals worth over ₹1,000 crore, according to the newly released M3M Hurun India Rich List 2025. The 14th edition of the list, compiled by Hurun India in partnership with M3M India, highlights that Mukesh Ambani, 68, chairman of Reliance Industries, has reclaimed his position as India's richest man, with fa ...Read More >
Avenue Supermarts, operating D-Mart stores, raises 100 crore rupees in short-term debt. The commercial paper was issued on Monday and matures in December 2025. It carries a six percent coupon rate. The company also opened its 431st D-Mart store in New Delhi. This new store is located at Epicah Mall and Business Centre in Moti Nagar. Avenue Supermarts Ltd, which operates the D-Mart retail chain stores, has raised Rs 100 crore in short-term debt through the issuance of commercial paper. The comm ...Read More >
New Delhi: Avenue Supermarts Ltd, which operates the D-Mart retail chain stores, has raised Rs 100 crore in short-term debt through the issuance of commercial paper.The commercial paper, which has been issued on Monday and will mature after 91 days on December 29, 2025, bears a coupon rate of 6 per cent. The said commercial paper (CP) is "proposed to be listed on the BSE," said a regulatory filing by the company. The CP has a Credit Rating of 'ICRA A1+', it added.In a separate filing, Avenue Su ...Read More >
NEW DELHI, Sep 29: Avenue Supermarts Ltd, which operates the D-Mart retail chain stores, has raised Rs 100 crore in short-term debt through the issuance of commercial paper. The commercial paper, which has been issued on Monday and will mature after 91 days on December 29, 2025, bears a coupon rate of 6 per cent. The said commercial paper (CP) is "proposed to be listed on the BSE," said a regulatory filing by the company. The CP has a Credit Rating of 'ICRA A1+', it added.(PTI) ...Read More >
Mumbai, July 11 (SocialNews.XYZ) Avenue Supermarts Ltd, the operator of the DMart retail chain, saw its consolidated net profit fell marginally in the first quarter of FY26 on a year-on-year basis (YoY), the company said in an exchange filing on Friday. The Mumbai-based retail chain operator posted a consolidated net profit of Rs 772.10 crore for the quarter ended June 2025, marginally lower than Rs 773.68 crore reported in the corresponding quarter a year back. Revenue from operations rose ov ...Read More >
New Delhi: Ace investor and founder of retail giant DMart, Radhakishan Damani stands to benefit greatly from his calculated investment in the National Stock Exchange (NSE), which is getting closer to its much anticipated IPO. According to the latest shareholding disclosures, Damani holds a 1.58% stake in NSE, owning 3.91 crore shares. His shareholding is worth an astounding Rs 9,300 crore at the current unlisted market price of Rs 2,389 per share. The NSE holding is currently Damani's second-la ...Read More >
CHENNAI: Indian markets have opened with cautious optimism on Thursday (July 3), spurred by trade negotiations with the US. The Sensex and Nifty are modestly up, also led by metal and IT stocks. Sensex jumped 203 points (0.24%) to 83,612, while the Nifty50 rose about 55 points (0.22%), trading around 25,509 in early deals. This follows yesterday's flat-to-cautiously optimistic trend. Market sentiment is buoyed by optimism over a potential US-India interim trade deal expected before the July 9 ...Read More >
Ghazal Alagh, aged 36 and the co-founder of Mamaearth brand, has been recognized as the youngest self-made woman entrepreneur in the recently released IDFC FIRST Private & Hurun India's Top 200 self-made entrepreneurs of the Millennia 2024 list. Her company, Mamaearth (under the parent company Honasa Consumer), achieved a remarkable valuation of Rs 15,500 crore, reflecting a 55% growth year-on-year. The list highlights Alagh's outstanding positioning in the Indian beauty and wellness sector, w ...Read More >
(Reuters) -Indian budget retailer Vishal Mega Mart's 80-billion-rupee ($943 million) initial public offering (IPO) was fully subscribed on day two of bids, led by demand from non-institutional investors. The issue, which runs from Dec. 11-13, received bids for 835.5 million shares as of 1440 IST, compared to the 756.8 million shares on offer sold by existing shareholder Samayat Services. The company will offer no new shares in the IPO. The portion for retail investors was subscribed 0.93 times ...Read More >
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