The company is engaged in the business of online and multi-channel grocery retail under the brand name of Dmart Ready
Avenue Ecommerce or AEL, a subsidiary of Avenue Supermarts, has reported a 21 per cent year-on-year (YoY) growth in its revenue from operations in the financial year (FY25). The company, which completed eight years of service in the ecommerce sector in January 2025, saw its losses widen in FY25.
In its annual report, Dmart said that AEL’s revenue from operations rose to Rs 3,502.42 crore in FY25 from Rs 2,899.20 crore in the financial year 2024. The company registered a loss of Rs 247.37 crore in FY25 against a loss of Rs 184.82 crore in FY24.
AEL is engaged in the business of online and multi-channel grocery retail under the brand name of Dmart Ready. During FY25, it continued to expand Dmart Ready’s service coverage to include 50 more pin codes and two additional cities of Nashik and Amritsar. Its current service footprint includes a total of 25 cities.
In addition to its primary brand Dmart Ready, AEL also operates 17 small-format grocery stores under the brand name Dmart miniMax.
“Dmart Ready as an idea germinated to deliver to that ever-changing customer preference the same value through an alternate channel. We exist because we offer choice. We exist precariously as the customer has the choice to go to anyplace else, anytime, immediately, more so now by not even stepping out of their home, or even out of their chair,” stated Neville Noronha, Managing Director of the company.
Avenue Food Plaza or AFPPL, a wholly-owned subsidiary company engaged in the business of operating food outlets at Dmart stores, reported Rs 226.5 crore in revenue from operations in FY25. The company reported a loss after tax of Rs 9.66 crore against a loss after tax of Rs 5.80 crore for the previous year.
