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DMart

Avenue Supermarts Limited, d/b/a DMart, is an Indian retail corporation that operates a chain of supermarkets in India.[4] It was founded by Radhakishan Damani in 2002 when its first store was opened in Powai, Mumbai.[5][6] As of March 2024, it has 365 stores across 12 states and union territories in India.[7]

Avenue Supermarts Limited
A DMart store in Tirupati
DMart
Company typePublic
ISININE192R01011
IndustryRetail
GenreSupermarket
FoundedMay 15, 2002; 21 years ago (2002-05-15)
FounderRadhakishan Damani[1]
HeadquartersPowai, ,
India
Number of locations
365 (March 2024)
Area served
India
Key people
Products
  • Grocery & Staples
  • Daily Essentials
  • Dairy & Frozen
  • Home and furniture
  • Home Appliances
  • Bed & Bath
  • Clothing
  • Footwear
  • Toys
  • Crockery
  • Luggage
  • Health and beauty
  • Sporting goods and fitness
  • Fruits & Vegetables
Revenue 50,935 crore (US$6.4 billion) (FY24)[2]
3,461 crore (US$430 million) (FY24)[2]
2,536 crore (US$320 million) (FY24)[2]
Total assets21,177 crore (US$2.7 billion) (FY24) [2]
Number of employees
12,108 permanent (2023)
48,793 contractual (2023)[3]
Websitewww.dmartindia.com

The company has its headquarters in Mumbai.[8] As of March 2023, DMart had a total of 12,108 permanent employees and 48,793 employees hired on contractual basis.[3]

History edit

 
A DMart store in the suburbs of Udupi.

In December 2016, the company started its e-commerce venture called DMart Ready, allowing users to order groceries and household products online.[9][10]

The company launched its initial public offering (IPO) in March 2017 and got listed on the National Stock Exchange and Bombay Stock Exchange. On its listing date 22 March 2017, it became the 65th most valuable Indian firm.[11]

Subsidiaries edit

  • Avenue Food Plaza Pvt Ltd
  • Align Retail Traders Pvt Ltd
  • Avenue E-Commerce Ltd
  • Nahar Seth & Jogani Developers Private Limited
  • Reflect Wholesale And Retail Private Limited[12]

See also edit

References edit

  1. ^ "Radhakishan Damani has a string of challenges ahead of him and falling profits at DMart don't help".
  2. ^ a b c d "DMart Q4 Results: Net profit rises 8% to Rs 460 crore, revenue up 21%" (PDF). bseindia. 13 May 2023. Retrieved 4 May 2024.
  3. ^ a b "Annual Report 2022-23" (PDF). DMart. Avenue Supermarts Limited.
  4. ^ Sonavane, Ravindra N. (11 June 2018). "D-Mart parent joins Rs1 trillion market cap club". www.livemint.com. Retrieved 11 June 2018.
  5. ^ "DMart: The Juggernaut Continues To Roll For India's Value Shop". Forbes India. Retrieved 16 January 2023.
  6. ^ "Radhakishan Damani has a string of challenges ahead of him and falling profits at DMart don't help". Business Insider. Retrieved 15 September 2020.
  7. ^ "D-Mart's Q4 revenue from operation rises nearly 20% to Rs 12,393.46 cr". Business Standard. Retrieved 29 April 2024.
  8. ^ "Corporate Presentation Jan 2020" (PDF). www.bseindia.com. 16 January 2020. Retrieved 25 March 2020.
  9. ^ "Avenue Supermarts to fully acquire e-commerce unit". DNA India. Retrieved 16 January 2023.
  10. ^ "DMart Ready FY22 revenue sees 2-fold rise at Rs 1,667.21 cr; loss widens to Rs 142.07 cr". Business Today. 26 July 2022. Retrieved 16 January 2023.
  11. ^ "D-Mart: Will today's winner Radhakishan Damani of D-Mart face these four challenges of tomorrow?". The Economic Times. Economictimes.indiatimes.com. 23 March 2017. Retrieved 19 July 2018.
  12. ^ "Avenue Supermarts Directors Report | Avenue Supermarts Director Details". The Economic Times. Retrieved 15 May 2022.

External links edit

  • Official website
  • Online shopping site

dmart, avenue, supermarts, limited, indian, retail, corporation, that, operates, chain, supermarkets, india, founded, radhakishan, damani, 2002, when, first, store, opened, powai, mumbai, march, 2024, stores, across, states, union, territories, india, avenue, . Avenue Supermarts Limited d b a DMart is an Indian retail corporation that operates a chain of supermarkets in India 4 It was founded by Radhakishan Damani in 2002 when its first store was opened in Powai Mumbai 5 6 As of March 2024 it has 365 stores across 12 states and union territories in India 7 Avenue Supermarts LimitedA DMart store in TirupatiTrade nameDMartCompany typePublicTraded asBSE 540376NSE DMARTISININE192R01011IndustryRetailGenreSupermarketFoundedMay 15 2002 21 years ago 2002 05 15 FounderRadhakishan Damani 1 HeadquartersPowai Mumbai Maharashtra IndiaNumber of locations365 March 2024 Area servedIndiaKey peopleRadhakishan Damani Chairman Ignatius Navil Noronha CEO ProductsGrocery amp StaplesDaily EssentialsDairy amp FrozenHome and furnitureHome AppliancesBed amp BathClothingFootwearToysCrockeryLuggageHealth and beautySporting goods and fitnessFruits amp VegetablesRevenue 50 935 crore US 6 4 billion FY24 2 Operating income 3 461 crore US 430 million FY24 2 Net income 2 536 crore US 320 million FY24 2 Total assets 21 177 crore US 2 7 billion FY24 2 Number of employees12 108 permanent 2023 48 793 contractual 2023 3 Websitewww wbr dmartindia wbr com The company has its headquarters in Mumbai 8 As of March 2023 DMart had a total of 12 108 permanent employees and 48 793 employees hired on contractual basis 3 Contents 1 History 2 Subsidiaries 3 See also 4 References 5 External linksHistory edit nbsp A DMart store in the suburbs of Udupi In December 2016 the company started its e commerce venture called DMart Ready allowing users to order groceries and household products online 9 10 The company launched its initial public offering IPO in March 2017 and got listed on the National Stock Exchange and Bombay Stock Exchange On its listing date 22 March 2017 it became the 65th most valuable Indian firm 11 Subsidiaries editAvenue Food Plaza Pvt Ltd Align Retail Traders Pvt Ltd Avenue E Commerce Ltd Nahar Seth amp Jogani Developers Private Limited Reflect Wholesale And Retail Private Limited 12 See also editList of hypermarketsReferences edit Radhakishan Damani has a string of challenges ahead of him and falling profits at DMart don t help a b c d DMart Q4 Results Net profit rises 8 to Rs 460 crore revenue up 21 PDF bseindia 13 May 2023 Retrieved 4 May 2024 a b Annual Report 2022 23 PDF DMart Avenue Supermarts Limited Sonavane Ravindra N 11 June 2018 D Mart parent joins Rs1 trillion market cap club www livemint com Retrieved 11 June 2018 DMart The Juggernaut Continues To Roll For India s Value Shop Forbes India Retrieved 16 January 2023 Radhakishan Damani has a string of challenges ahead of him and falling profits at DMart don t help Business Insider Retrieved 15 September 2020 D Mart s Q4 revenue from operation rises nearly 20 to Rs 12 393 46 cr Business Standard Retrieved 29 April 2024 Corporate Presentation Jan 2020 PDF www bseindia com 16 January 2020 Retrieved 25 March 2020 Avenue Supermarts to fully acquire e commerce unit DNA India Retrieved 16 January 2023 DMart Ready FY22 revenue sees 2 fold rise at Rs 1 667 21 cr loss widens to Rs 142 07 cr Business Today 26 July 2022 Retrieved 16 January 2023 D Mart Will today s winner Radhakishan Damani of D Mart face these four challenges of tomorrow The Economic Times Economictimes indiatimes com 23 March 2017 Retrieved 19 July 2018 Avenue Supermarts Directors Report Avenue Supermarts Director Details The Economic Times Retrieved 15 May 2022 External links editOfficial website Online shopping site Portals nbsp Supermarkets nbsp Companies Retrieved from https en wikipedia org w index php title DMart amp oldid 1222180417, wikipedia, wiki, book, books, library,

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