Avenue Supermarts Ltd., the operator of the DMart retail chain, reported its Q3 FY 2025 results, revealing a net profit increase of 4.8% to ₹723.7 crore, despite a decline in profit margins from 8.3% to 7.6%. The company's revenue grew by 17.7% year-over-year to ₹15,973 crore, driven by a strong performance in sales. However, analysts expressed concerns over the company's profit margins, which have been pressured by rising competition from e-commerce platforms. In response to these challenges, Avenue Supermarts announced the appointment of Anshul Asawa as CEO Designate, set to succeed Neville Noronha, who will retire on January 31, 2026. Following the earnings report, various brokerages adjusted their target prices for DMart, with Bernstein maintaining an Outperform rating and setting a target price of ₹5,800 per share, while Nuvama revised its target down to ₹4,212, citing margin pressures. The stock has seen volatility, dropping nearly 6% after the earnings announcement, reflecting investor concerns over the company's growth outlook.