Avenue Supermarts (DMart) Q1 profit rises 11% YoY to Rs 860 crore

Avenue Supermarts Q1 Profit Jumps 31% QoQ To ₹860.4 Crore, Revenue Climbs 6% Sequentially

Mumbai: Avenue Supermarts Ltd., the operator of DMart retail stores, reported a 11.3 percent year-on-year rise in consolidated net profit to Rs 860.4 crore for the quarter ended June 30, 2026, while revenue from operations increased to Rs 18,795 crore. Compared with Rs 656.4 crore in the March 2026 quarter and Rs 772.8 crore in the year-ago quarter, the company also recorded sequential improvement in profitability alongside higher sales.Opening Performance SummaryConsolidated revenue from operations stood at Rs 18,794.53 crore in Q1 FY27, up from Rs 16,359.70 crore in Q1 FY26. Total income increased to Rs 18,820.31 crore, while profit before tax rose to Rs 1,183.14 crore from Rs 1,057.47 crore a year earlier. Total expenses for the quarter were Rs 17,637.17 crore. DMart Operator Avenue Supermarts Buys Thane Commercial Property For ₹99.27 Crore To Expand Retail FootprintSequential GrowthCompared with Q4 FY26, revenue improved from Rs 17,683.86 crore to Rs 18,794.53 crore, while net profit increased from Rs 656.42 crore to Rs 860.44 crore. Profit before tax rose from Rs 904.17 crore to Rs 1,183.14 crore. Employee benefit expenses increased to Rs 451.93 crore, finance costs rose to Rs 54.28 crore, and other expenses stood at Rs 1,017.43 crore. Deferred tax expense for the quarter was Rs 7.10 crore, compared with a deferred tax credit of Rs 2.59 crore in the preceding quarter. Metro Brands Reports 20% Revenue Growth, Net Profit Up 23% In Q4 FY26Key DriversRevenue growth was accompanied by higher purchases of stock-in-trade at Rs 15,936.19 crore and depreciation and amortisation expense of Rs 287.70 crore. Basic and diluted earnings per share were Rs 13.20 each for the quarter. Separately, the board approved raising up to Rs 1,000 crore through private placement of non-convertible debentures in one or more tranches.Full-Year PerformanceFor FY26, the company had reported consolidated revenue from operations of Rs 68,820.74 crore, total income of Rs 68,894.84 crore, and net profit of Rs 2,969.86 crore. The filing also noted that the group continues to operate primarily in retail trade through offline and online channels and has no separate reportable operating segments.Disclaimer: This report is based on the company's unaudited financial results filed with the stock exchanges and does not constitute investment advice.

2 hours ago

DMart Q1 results: Cons PAT up 11% to Rs 860 crore, revenue rises to Rs 18,795 crore

Supermarkets major Avenue Supermarts, the operator of DMart, on Saturday reported an 11.3% year-on-year rise in consolidated net profit for the June quarter at Rs 860.6 crore, compared with Rs 773 crore in the corresponding quarter last year.Total Revenue for the quarter ended June 30, 2026 stood at Rs.18,795 crore, as compared to Rs.16,360 crore in the same period last year.EBITDA rose 15.4% year-on-year to Rs 1,499 crore from Rs 1,299 crore in the same quarter last year. The retailer also reported a marginal improvement in EBITDA margin, which stood at 8% for the quarter, compared with 7.9% a year earlier.The company opened 3 new stores during the quarter taking its total store count to 503, the company said in a regulatory filing on July 11.PAT margin stood at 4.6% in Q1FY27 as compared to 4.7% in Q1FY26. Basic Earnings per share (EPS) for Q1FY27 stood at Rs.13.20, as compared to Rs.11.88 for Q1FY26.DMart Q1 management commentaryThe company said growth in older stores located in large metros, which generate significantly higher revenue per square foot, remained flat during the quarter, while stores in non-metro markets continued to deliver healthy growth. The company also opened three new stores during the quarter, taking its total store count to 503.Commenting on the e-commerce business, Vikram Dasu, Whole Time Director & CEO, Avenue E-Commerce Limited, said DMart Ready continued to sharpen its focus on large metro cities while refining its operating model. During the quarter, the company discontinued operations in seven cities that were marginal contributors. As of June 30, 2026, DMart Ready operated in 11 cities.

21 hours ago