The Indian retail sector recorded a remarkable 20% year-on-year revenue growth in the fourth quarter of FY26, driven by robust consumer demand and extensive store expansion efforts. Leading companies such as Trent, Avenue Supermarts (D-Mart), and V-Mart reported impressive revenue figures. Trent, part of the Tata group, achieved a standalone revenue of ₹4,937 crore, up from ₹4,106 crore in the same quarter last year, aided by the opening of 22 Westside stores and 109 Zudio stores. Avenue Supermarts also saw a 19% increase in revenue, reaching ₹17,204.50 crore, with a total of 500 stores by March 31, 2026. D-Mart's revenue grew by 24%, reflecting strong same-store sales growth. Analysts note that much of the growth can be attributed to aggressive store additions rather than just same-store sales. Additionally, FMCG companies like Marico and Dabur reported healthy revenue expansions, indicating a stable demand environment despite ongoing geopolitical tensions in the Middle East.