Avenue Supermarts Q2 Net Profit Grows to Rs 743 Crore

Consolidated revenue stood at Rs 19,644.01 crore, while net profit reached Rs 742.98 crore for the quarter.

Reader Takeaway: Steady top-line growth driven by store expansion remains a key positive, though retail margin pressure persists.

What just happened

Avenue Supermarts (D-Mart) released its unaudited financial results for the quarter ended September 30, 2026. The company posted a consolidated revenue of Rs 19,644.01 crore compared to Rs 16,676.30 crore in the year-ago quarter. Net profit after tax rose to Rs 742.98 crore from Rs 684.85 crore, translating to a Basic EPS of Rs 11.40.

Why this matters

The growth underscores the resilience of D-Mart’s offline retail model. The increase in revenue, combined with a steady rise in profitability, suggests that the company is successfully scaling its operations despite a competitive retail environment.

The backstory

Over the last six months, D-Mart has maintained its strategy of aggressive physical infrastructure investment. Consolidated property, plant, and equipment grew to Rs 18,932.95 crore as of September 30, 2026, up from Rs 17,586.95 crore at the end of March 2026. This reflects a continued commitment to expanding its store footprint.

What changes now

Investors should look for updates on new store openings in the coming quarters. The company’s focus remains strictly on its core retail trade business via its well-known physical store network.

Risks to watch

Key risks include margin compression in a high-inflation environment and potential competitive intensity from both online delivery platforms and other large-format retail players.

What to track next

Watch for management commentary regarding festive season demand and their strategy to sustain long-term store profitability while scaling infrastructure.