Date: October 10, 2026

Standalone Financial Performance Q2 FY27

Revenue Metrics:

  • Total Revenue: ₹19,206 crore, representing 18.4% year-over-year growth from ₹16,219 crore in Q2 FY26

Profitability Metrics:

  • EBITDA: ₹1,403 crore, showing 14.1% year-over-year growth from ₹1,230 crore in Q2 FY26
  • EBITDA Margin: 7.3% in Q2 FY27 compared to 7.6% in Q2 FY26 (30 basis points contraction)
  • PAT: ₹804 crore, showing 7.6% year-over-year growth from ₹747 crore in Q2 FY26
  • PAT Margin: 4.2% in Q2 FY27 compared to 4.6% in Q2 FY26 (40 basis points contraction)
  • Basic EPS: ₹12.32 for Q2 FY27 compared to ₹11.47 for Q2 FY26

Standalone Financial Performance H1 FY27

Revenue Metrics:

  • Total Revenue: ₹37,550 crore, representing 16.8% year-over-year growth from ₹32,151 crore in H1 FY26

Profitability Metrics:

  • EBITDA: ₹2,930 crore, showing 15.2% year-over-year growth from ₹2,543 crore in H1 FY26
  • EBITDA Margin: 7.8% in H1 FY27 compared to 7.9% in H1 FY26 (10 basis points contraction)
  • PAT: ₹1,739 crore, showing 10.3% year-over-year growth from ₹1,576 crore in H1 FY26
  • PAT Margin: 4.6% in H1 FY27 compared to 4.9% in H1 FY26 (30 basis points contraction)
  • Basic EPS: ₹26.67 for H1 FY27 compared to ₹24.22 for H1 FY26

Consolidated Financial Performance Q2 FY27

Revenue Metrics:

  • Total Revenue: ₹19,644 crore, representing growth from ₹16,676 crore in Q2 FY26

Profitability Metrics:

  • EBITDA: ₹1,393 crore compared to ₹1,214 crore in Q2 FY26
  • EBITDA Margin: 7.1% in Q2 FY27 compared to 7.3% in Q2 FY26
  • PAT: ₹743 crore compared to ₹685 crore in Q2 FY26
  • PAT Margin: 3.8% in Q2 FY27 compared to 4.1% in Q2 FY26
  • Basic EPS: ₹11.40 for Q2 FY27 compared to ₹10.53 for Q2 FY26

Consolidated Financial Performance H1 FY27

Revenue Metrics:

  • Total Revenue: ₹38,439 crore compared to ₹33,036 crore in H1 FY26

Profitability Metrics:

  • EBITDA: ₹2,892 crore compared to ₹2,513 crore in H1 FY26
  • EBITDA Margin: 7.5% in H1 FY27 compared to 7.6% in H1 FY26
  • PAT: ₹1,603 crore compared to ₹1,458 crore in H1 FY26
  • PAT Margin: 4.2% in H1 FY27 compared to 4.4% in H1 FY26
  • Basic EPS: ₹24.60 for H1 FY27 compared to ₹22.41 for H1 FY26

Operational Highlights

Store Expansion:

  • 15 new stores added in Q2 FY27
  • 18 new stores added in H1 FY27
  • Total store count reached 518 stores as of September 30, 2026 (including one store in Navi Mumbai currently closed for reconstruction)
  • Retail business area: 21.4 million square feet
  • Geographic presence across 17 states/union territories: Maharashtra, Gujarat, Telangana, Andhra Pradesh, Karnataka, Tamil Nadu, Madhya Pradesh, Rajasthan, Punjab, NCR, Chhattisgarh, Uttar Pradesh, Daman, Goa, Odisha, Uttarakhand, and Haryana

Business Strategy:

  • Company follows Everyday low cost - Everyday low price (EDLC-EDLP) strategy
  • Focus on procuring goods at competitive prices and using operational and distribution efficiency
  • Aim to deliver value for money to customers by selling at competitive prices

Management Commentary

Mr. Anshul Asawa, Managing Director & CEO, Avenue Supermarts Limited (DMart Brick and Mortar Business):

  • Revenue growth of 18.4% in Q2 FY27 over previous year
  • PAT growth of 7.6% over previous year
  • Two years and older DMart stores grew by 9.5% during Q2 FY27 compared to 6.8% in Q2 FY26
  • Company remains committed to offering best value to customers
  • Pricing proposition remains strong in inflationary environment
  • Wage inflation at entry-level has led to marginal increase in operating expenses

Mr. Vikram Dasu, Whole Time Director & CEO, Avenue E-Commerce Limited (DMart Ready E-Commerce Business):

  • Focused on driving greater operational efficiencies
  • Strengthening overall customer experience in current operating cities
  • Organizational efforts aligned toward operational efficiency and customer experience

Company Overview

Avenue Supermarts Limited is a Mumbai-based company that owns and operates D-Mart stores, a national supermarket chain offering home and personal products under one roof. Product categories include:

  • Foods
  • Non-Foods (FMCG)
  • General Merchandise & Apparel

Specific category offerings include grocery and staples, dairy and frozen, fruits and vegetables, home and personal care, bed and bath, crockery, footwear, toys and games, kids' apparel, apparel for men & women, and daily essentials.

The company opened its first store in Mumbai, Maharashtra in 2002.