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DMart operator Avenue Supermarts Ltd reported a 11.33 per cent year-on-year increase in consolidated net profit to ₹860.44 crore for the first quarter ended June 2026, supported by healthy growth in revenue from operations.
The company had posted a consolidated net profit of ₹772.81 crore in the corresponding quarter of the previous financial year, according to a regulatory filing. Revenue from operations rose 14.9 per cent to ₹18,794.53 crore during the quarter, compared with ₹16,359.70 crore in the year-ago period.
The company's profit after tax (PAT) margin stood at 4.6 per cent in Q1 FY27, marginally lower than 4.7 percent recorded in the corresponding quarter of the previous fiscal. Total expenses increased 15.11 per cent year-on-year to ₹17,637.17 crore, while total income, including other income, grew 14.9 per cent to ₹18,820.31 crore during the quarter.
Commenting on the performance of the Brick and Mortar business, Managing Director & CEO, Anshul Asawa, said two-year-and-older DMart stores grew by 5.5 per cent during Q1 FY27 as compared to 7.1 per cent in Q1 FY26.
"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," he said.
Avenue Supermarts expanded its retail footprint by opening three new DMart stores during the June quarter, taking its total store network to 503 outlets across India.
On the e-commerce front, DMart Ready streamlined its operations by exiting seven cities that made only a marginal contribution to the business. Following the rationalisation, the online grocery platform now operates in 11 cities as of June 30, 2026, CEO Vikram Dasu said.
Promoted by Radhakishan Damani and his family, DMart offers a wide range of home and personal products through its stores spread across Maharashtra, Gujarat, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, Chhattisgarh, the National Capital Region (NCR), Tamil Nadu, Punjab and Rajasthan.
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