Avenue Supermarts (DMart) Drives Strong Q1FY27 Growth: Revenue Up 15.1%, PAT Rises 12.8%
Avenue Supermarts Limited, the operator of the DMart retail chain, has reported a strong financial performance for the first quarter of FY2026-27 (Q1 FY27), driven by steady customer demand, continued store expansion, and its value-focused retail strategy.
For the quarter ended June 30, 2026, the company posted a 15.1% year-on-year increase in standalone revenue, while net profit (PAT) rose by 12.8%, reflecting DMart’s ability to maintain profitable growth despite an increasingly competitive retail environment.
Revenue Crosses ₹18,300 Crore
DMart reported standalone total revenue of ₹18,343 crore, compared with the corresponding quarter last year, supported by healthy sales across its nationwide supermarket network.
The company also delivered strong operating performance, with EBITDA increasing 16.3% year-on-year to ₹1,527 crore, while Profit After Tax (PAT) climbed to ₹936 crore, highlighting efficient cost management and stable operating margins.
Basic earnings per share (EPS) improved to ₹14.35, compared with ₹12.75 in Q1 FY26.
Q1 FY27 Financial Highlights
| Particular | Q1 FY27 |
|---|---|
| Total Revenue | ₹18,343 Crore |
| Revenue Growth | 15.1% YoY |
| EBITDA | ₹1,527 Crore |
| EBITDA Growth | 16.3% YoY |
| Profit After Tax (PAT) | ₹936 Crore |
| PAT Growth | 12.8% YoY |
| Basic EPS | ₹14.35 |
Store Network Expands to 503 Locations
DMart continued expanding its physical retail footprint during the quarter by opening three new stores, taking its total network to 503 stores across India.
Managing Director & CEO Anshul Asawa said that while mature stores in large metropolitan markets witnessed relatively flat growth during the quarter, stores in non-metro cities continued to deliver healthy performance. The trend indicates that smaller cities remain an important growth driver for the company’s future expansion plans.
DMart Ready Refines Growth Strategy
The company also announced strategic changes to its online grocery business, DMart Ready, to improve operational efficiency and strengthen its long-term profitability.
During the quarter, DMart Ready exited operations in seven relatively smaller markets and will now concentrate on 11 major cities, allowing the company to focus resources on larger urban markets where demand and scalability are stronger.
The streamlined approach is expected to enhance service quality, improve operational efficiencies, and support sustainable growth in the online grocery segment.
Strong Value Proposition Continues to Drive Growth
DMart’s Everyday Low Cost – Everyday Low Price (EDLC-EDLP) business model continues to resonate with consumers seeking value amid changing market conditions. The company’s disciplined expansion strategy, efficient supply chain, and customer-centric pricing have helped it maintain steady growth while preserving profitability.
With continued investments in store expansion and optimization of its digital business, Avenue Supermarts remains well-positioned to capitalize on India’s growing organized retail market in the coming years.