Business · Companies · 1 day ago
DMart Q2 profit rises 8.5% as revenue grows 17.8%
Avenue Supermarts, the company behind the DMart supermarket chain in India, reported results for the July–September quarter of FY27.
Its consolidated revenue rose 17.8% from a year earlier to ₹19,644 crore, while net profit increased 8.5% to about ₹743 crore.
Profit grew more slowly than sales, and the company’s profit margin fell to 3.8% from 4.1%.
DMart said higher entry-level wages added to operating expenses, while it continued to focus on keeping prices low for customers.
The retailer opened 15 stores during the quarter, taking its total to 518.
Sales at stores that had been open for at least two years grew 9.5%, compared with 6.8% a year earlier.
DMart Ready, its online grocery business, operated in 11 cities in the first half of FY27, down from 19 a year earlier, and reported a quarterly net loss of ₹75.35 crore.
Trading in the company’s shares was due to resume on Monday after markets were closed on Saturday, when investors could react to the results.
Avenue Supermarts, which operates DMart, reported an 8.5% year-on-year rise in consolidated net profit to ₹743 crore in the September quarter.
Consolidated revenue grew 17.8% to ₹19,644 crore in the quarter.
Profit growth was slower than revenue growth as expenses rose and profit margins narrowed.
The company added 15 stores during the quarter, taking its total to 518.
DMart stores open for two years or more recorded 9.5% growth, compared with 6.8% a year earlier.
- Who
- Avenue Supermarts, which operates the DMart retail chain.
- What
- Consolidated net profit rose 8.5% to ₹743 crore and revenue grew 17.8% to ₹19,644 crore.
- When
- The July–September quarter of FY27, ended September 30, 2026.
- Where
- India. The company added stores during the quarter, but the sources do not specify their locations.
- Why
- The sources attribute revenue growth partly to stronger growth at older stores and continued expansion. Entry-level wage inflation contributed to higher operating expenses.
This story does not have two clearly opposing sides.
Two years and older DMart stores grew by 9.5% during Q2 FY27 as compared to 6.8% in Q2 FY26
We remain committed to offering best value to our customers. Our pricing proposition thus remains strong in an inflationary environment. Wage inflation at entry-level has led to a marginal increase in operating expenses
We are focused on driving greater operational efficiencies and strengthening overall customer experience in the cities that we currently operate in
Avenue Supermarts recorded consolidated revenue of ₹19,644 crore and net profit of ₹743 crore for the quarter.
The quarter ended with Avenue Supermarts’ store count at 518 after the company added 15 stores.
Reports on the company’s quarterly results were published.
- Consolidated net profit
- ₹743 crore, up 8.5% year on year
- Consolidated revenue
- ₹19,644 crore, up 17.8% year on year
- Stores added
- 15 during the quarter
- Total stores
- 518 as of September 30, 2026
- Older-store growth
- 9.5% for stores open at least two years, versus 6.8% a year earlier
Sources
Avenue Supermarts (DMart) Q2 results Highlights: Earnings, revenue, profit updates
DMart’s Q2 profit growth trails revenue as expenses rise
D-Mart Q2FY27 result: Net profit rises 8.5% to ₹743 cr, revenue grows 17.8%
DMart Q2 Results: Cons profit rises nearly 9% YoY to Rs 743 crore, revenue jumps 18%
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