Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year ended September 30, 2026 (Q2 FY2027)

Nature of Filing / Announcement: Outcome of Board Meeting and Unaudited Financial Results

Date of Board Meeting / Approval: October 10, 2026

Audit Opinion: Unmodified (Clean) - No material misstatements identified

Auditor's Comment: Based on their review, nothing has come to their attention that causes them to believe that the accompanying Statement contains any material misstatement.

Key Financial Highlights [₹ in Crores]

Standalone Results:

Revenue from Operations:

  • Q2 FY27: ₹19,206.18 (YoY: +18.4% from Q2 FY26 ₹16,218.79)
  • Q1 FY27: ₹18,343.49
  • H1 FY27: ₹37,549.67 (YoY: +16.8% from H1 FY26 ₹32,150.91)

Total Income:

  • Q2 FY27: ₹19,229.45
  • H1 FY27: ₹37,610.70

Net Profit:

  • Q2 FY27: ₹803.60 (YoY: +7.6% from Q2 FY26 ₹746.55)
  • Q1 FY27: ₹935.77
  • H1 FY27: ₹1,739.37 (YoY: +10.3% from H1 FY26 ₹1,576.28)

EPS [₹]:

  • Basic Q2 FY27: ₹12.32
  • Diluted Q2 FY27: ₹12.32

Other Equity: ₹26,637.56 as of September 30, 2026

Cash and Cash Equivalents: Negative ₹53.31 crore (comprising cash ₹135.34 crore and bank overdraft ₹188.65 crore)

Debt: Disclosed through various ratios

Consolidated Results:

Revenue from Operations:

  • Q2 FY27: ₹19,644.01 (YoY: +17.8% from Q2 FY26 ₹16,676.30)
  • H1 FY27: ₹38,438.54 (YoY: +16.4% from H1 FY26 ₹33,036.00)

Total Income:

  • Q2 FY27: ₹19,657.54
  • H1 FY27: ₹38,477.85

Net Profit:

  • Q2 FY27: ₹742.98 (Attributable to equity holders: ₹743.57)
  • H1 FY27: ₹1,603.42 (Attributable to equity holders: ₹1,604.18)

EPS [₹]:

  • Basic Q2 FY27: ₹11.40
  • Diluted Q2 FY27: ₹11.40

Other Equity: ₹25,446.52 as of September 30, 2026

Key Ratios (Standalone):

  • Debt-equity ratio: 0.15 (Q2 FY27) vs 0.06 (Q2 FY26)
  • Current ratio: 1.73 (Q2 FY27) vs 2.61 (Q2 FY26)
  • Operating margin: 7.31% (Q2 FY27) vs 7.58% (Q2 FY26)
  • Net profit margin: 4.18% (Q2 FY27) vs 4.60% (Q2 FY26)
  • Inventory turnover: 2.58 times (Q2 FY27) vs 2.76 times (Q2 FY26)

Key Ratios (Consolidated):

  • Debt-equity ratio: 0.16 (Q2 FY27) vs 0.07 (Q2 FY26)
  • Current ratio: 1.72 (Q2 FY27) vs 2.49 (Q2 FY26)
  • Operating margin: 7.09% (Q2 FY27) vs 7.28% (Q2 FY26)
  • Net profit margin: 3.78% (Q2 FY27) vs 4.11% (Q2 FY26)

Segment-wise Performance:

The Company is primarily engaged in the business of retail trades through offline channels. There are no separate reportable segments as per IND AS 108 - Operating Segments.

Corporate Actions:

No dividend declarations, share splits, bonus issues, buybacks, or capital structure changes were announced.

Other Significant Information:

Subsidiaries Included in Consolidation:

  • Avenue E-commerce Limited
  • Align Retail Trades Private Limited
  • Nahar Seth & Jogani Developers Private Limited
  • Avenue Food Plaza Private Limited
  • Reflect Healthcare and Retail Private Limited

Investment: The Holding Company had a 26% investment in FP Ampere Energy Private Limited but does not exercise significant influence, so it is not considered an Associate Company.

Cash Flow Highlights (Standalone, H1 FY27):

  • Net cash flow from operating activities: ₹599.17 crore
  • Net cash flow used in investing activities: ₹12,205.13 crore (primarily due to purchase of property, plant and equipment of ₹2,089.82 crore)
  • Net cash flow from financing activities: ₹1,684.86 crore (primarily from short-term borrowings and commercial papers)

Entities Review Status:

  • 1 subsidiary reviewed by their independent auditor
  • 3 subsidiaries' results not reviewed by their auditors but considered not material to the Group