DMart pumps Rs 149.99 cr into Avenue E-Commerce as DMart Ready crosses Rs 4,000 cr in FY26
Avenue Supermarts is doubling down on its online grocery arm, infusing Rs 149.99 crore into subsidiary Avenue E-Commerce. The DMart Ready platform crossed Rs 4,000 crore revenue in FY26, even as parent net profit grew 19% YoY and EBITDA rose 27%. Stock ticked up 1.5% midday.
Avenue Supermarts shares rose 1.5% midday after announcing Rs 149.99 crore additional investment into subsidiary Avenue E-Commerce to scale DMart Ready online grocery platform. Subsidiary revenue crossed Rs 4,000 crore in FY26; parent net profit grew 19% YoY.