Avenue Supermarts dips as flat metro store growth tempers upbeat Q1 results
Revenue from operations rose 14.88% to Rs 18,794.53 crore in Q1 FY27 as against Rs 16,359.70 crore in Q1 FY26.
During the quarter, the company?s profit before tax (PBT) increased 11.88% year-on-year to Rs 1,183.14 crore.
Consolidated EBITDA increased 15.39% year-on-year to Rs 1,499 crore in Q1 FY27 from Rs 1,299 crore in the corresponding quarter last year. The EBITDA margin improved marginally to 8.0% from 7.9%.
Profit before tax (PBT) rallied 11.88% year on year to Rs 1,183.14 crore in Q1 FY27.
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.
On a standalone basis, the company's net profit rose 12.78% to Rs 935.77 crore, while revenue from operations increased 15.13% to Rs 18,343.49 crore in Q1 FY27 over Q1 FY26.
The company?s standalone EBITDA grew 16.29% to Rs 1,527 crore from Rs 1,313 crore in the year-ago quarter, with the EBITDA margin improving to 8.3% from 8.2%.
Anshul Asawa, managing director (MD) & CEO, Avenue Supermarts, commented on the performance of the DMart (Brick and Mortar) Business: ?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. 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?.
Vikram Dasu, whole time director & CEO, Avenue E-Commerce commented on the performance of the E-Commerce (DMart Ready) business: 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.
Meanwhile, the company has re-appointed Bhaskaran N as whole-time director, designated as chief operating officer (COO), for the period from 17 October 2026 to 31 May 2028, subject to shareholders' approval.
The company also appointed Lalit Ahuja as chief operating officer and senior management personnel with effect from 13 July 2026.
Further, Parvez Vandrewala's designation has been changed from chief operating officer to head ? Centre of Excellence, effective 1 November 2026. He will continue as a senior management personnel of the company.
Avenue Supermarts is a Mumbai-based company, which owns and operates D-Mart stores. D-Mart is a national supermarket chain that offers customers a range of home and personal products under one roof. The Company offers a wide range of products with a focus on Foods, Non-Foods (FMCG) and General Merchandise & Apparel product categories.
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