Avenue Supermarts (DMart) Q2 results: Net profit rises 4% to ₹685 crore, EBITDA jumps 11%

Avenue Supermarts, the country's leading retail chain operator DMart, on Saturday, October 11, reported consolidated net profit of ₹685 crore in the second quarter of current financial year, marking an increase of 4% from ₹660 crore in the same period last year.

Its revenue from operations during the July-September period rose 16% to ₹16,676 crore from ₹14,445 crore in the year-ago period.

Billionaire Radhakishan Damani-backed DMart reported stable operational performance as its operating profit also known as earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 11% to ₹1,213 crore but its operating profit margins contracted by 30 basis points to 7.28%.

EBITDA in the first half of current financial year (H1FY26) stood at ₹2,513 crore, as compared to ₹2,315 crore during H1FY25. EBITDA margin stood at 7.6% in H1FY26 as compared to 8.1% in H1FY25.

Company's profit margin stood at 4.1% in Q2FY26 as compared to 4.6% in Q2FY25.

“Our revenue in Q2 FY26 grew by 15.4% over the previous year. Profit after tax (PAT) grew by 5.1% over the previous year. Two years and older DMart stores grew by 6.8% during Q2 FY26 as compared to Q2 FY25. Following the government’s recent announcement on GST reforms, we passed on the benefit of reduced GST rates to all our customers, wherever applicable. We opened 8 new stores during the quarter. Our total stores stand at 432 as on September 30, 2025,"said Anshul Asawa, CEO-Designate, Avenue Supermarts.

“We added 10 new fulfilment centres in our existing markets and continued to invest and deepen our presence in the large metro cities. We ceased operations in 5 cities (Amritsar, Belgavi, Bhilai, Chandigarh and Ghaziabad) during the quarter. We are now present across 19 cities in India," said Vikram Dasu, Whole Time Director and CEO, Avenue E-Commerce.

In the first half of current fiscal share f revenue from foods business improved to 57.01% from 56.4%. Share of revenue from FMCG business contracted slightly to 19.65% from 20.15% and share of revenue from general merchandise & apparel business came in at 23.34%.

The company in the first half of current fiscal added 17 stores taking the total store count to 432.

Avenue Supermarts shares ended 0.53% higher at ₹4,328 ahead of its earnings announcement.