Avenue Supermarts (DMart) Q1 earnings: Net profit rises 11% to ₹861 crore, revenue jumps 15%

Avenue Supermarts, the operator of DMart retail chain, on Saturday, July 11, reported a net profit of ₹861 crore in the first quarter of current financial year, marking an increase of 11% from ₹773 crore in the same period last year.

Its revenue from operations in April-June period advanced 15% to ₹18,795 crore from ₹16,360 crore in the year-ago period.

Avenue Supermarts posted stable operational performance as its earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 15% to ₹1,499 crore and its EBITDA margin came in at 7.98%.

The company said that its basic earnings per share (EPS) for Q1FY27 stood at ₹13.20, as compared to ₹11.88 for Q1FY26.

D-Mart follows Everyday low cost - Everyday low price (EDLC-EDLP) strategy which aims at procuring goods at competitive prices, using operational and distribution efficiency and thereby delivering value for money to customers by selling at competitive prices, the company said in an exchange filing.

“Our revenue in Q1 FY27 grew by 15.1% over the previous year. Profit after tax (PAT) grew by 12.8% over the previous year. Two years and older DMart stores grew by 5.5% during Q1 FY27 as compared to 7.1% in Q1 FY26,” said Anshul Asawa, Managing Director & CEO, Avenue Supermarts.

“In large metros, growth in older stores which have significantly higher revenue per square foot was flat this quarter. While stores in non-metros continue to grow well. We opened 3 new stores during the quarter taking our total store count to 503,” Asawa added.

“We continue to deepen our focus in large metro cities while improving our model. During the quarter, we have discontinued our operations in seven cities which were marginal contributors. As of June 30, 2026, we operate in 11 cities,” said Vikram Dasu, Whole Time Director & CEO, Avenue E-Commerce.

Avenue Supermarts shares closed 0.04% higher at ₹4,081 a day ahead of its earnings announcement.