Avenue Supermarts experiences a revenue increase of 16% in Q1 FY26. The DMart retail chain now has 424 stores. DMart’s online grocery unit saw sales expand by 21% in FY25. However, losses widened as it ventured into new areas. Anshul Asawa will succeed Neville Noronha in February 2026. Noronha highlights the importance of competition and customer choice.