DMart Biography

DMart Biography and net worth page hader
DMart

Avenue Supermarts Limited, DMart is an Indian retail corporation that operates a chain of hypermarkets in India. who has a net worth is $190 million (Rs.1,492.55 crore).

Last Update : 11/03/2023
Net Worth:Rs.1,492.55 crore ($190 million).
Trade name:DMart
Founded:May 15, 2002.
Founder:Radhakishan Damani
Type:Public
Industry:Retail
Traded as:BSE: 540376, NSE: DMART
ISIN:INE192R01011
Headquarters:Powai, Mumbai, Maharashtra, India
Number of locations:306
Area served:India
Key people:Radhakishan Damani (Chairman), Ignatius Navil Noronha (CEO).
Products:Grocery & StaplesDaily EssentialsDairy & FrozenHome and furnitureHome AppliancesBed & BathClothing, Footwear, Toys, Crockery, Luggage, Health and beauty, Sporting goods and fitness, Grocery, Fruits & Vegetables, Formerly : Wal-Mart Discount City (1962–1969),Wal-Mart, Inc. (1969–1970), Wal-Mart Stores, Inc. (1970–2018)
Revenue:Rs.30,980 crore ($3.9 billion)
Operating income:Rs.2,000.42 crore (US$250 million)
Number of employees:10,713 permanent, 58,597 contractual
Total assets:Rs.12,076 crore (US$1.5 billion)
Total equity:Increase ₹10,431 crore (US$1.3 billion)
Website:www.dmartindia.com

History

Avenue Supermarts Limited, DMart, is an Indian retail corporation that operates a chain of hypermarkets in India. DMart is owned and operated by Avenue Supermarts Ltd. (ASL) – a company founded by Mr. Radhakishan Damani in 2002.

Mr. Radhakishan Damani is respected in the business world as an astute investor in the Indian equity market, he has built a company that constantly strives towards developing a deep understanding of customer needs and satisfying them with the right products. The company has its headquarters in Mumbai.

A firm believer in core business fundamentals and strong ethical values, Mr. Damani has built DMart into an efficient, large and profitable retail chain that is highly respected by customers, partners and employees alike. As of December 2022, it has 306 stores across 14 states in India. The company has its headquarters in Mumbai. As of 31 March 2022, DMart had a total of 10,713 permanent employees and 58,597 employees hired on contractual basis.

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

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.

FAQ

Q.1 Where is the DMart Headquarters?

Ans. Powai, Mumbai, Maharashtra, India.

Q.2 What is the networth of DMart?

Ans. DMart networth is Rs. 1,492.55 crore ($190 million).

Q.3 What is DMart Founder Name?

Ans. DMart Founder Name is Radhakishan Damani

Q.4 What is DMart CEO Name?

Ans. DMart CEO Name is Ignatius Navil Noronha