More Stories

Informist, Saturday, Oct. 11, 2025

 

Please click here to read all liners published on this story

--Avenue Supermarts Apr-Sept revenue INR 321.51 bln vs INR 277.62 bln yr ago
--Avenue Supermarts Apr-Sept net profit INR 15.76 bln vs INR 15.23 bln yr ago
--Avenue Supermarts Jul-Sept revenue INR 162.19 bln vs INR 140.50 bln yr ago
--Avenue Supermarts Jul-Sept net profit INR 7.47 bln vs INR 7.10 bln yr ago
--Analysts saw Avenue Supermarts Jul-Sept revenue at INR 165.07 bln
--Avenue Supermarts Jul-Sept revenue INR 162.19 bln
--Analysts saw Avenue Supermarts Jul-Sept net profit at INR 7.28 bln
--Avenue Supermarts Jul-Sept net profit INR 7.47 bln

 

By Sunil Raghu

 

AHMEDABAD – Avenue Supermarts Ltd., one of the leading food and grocery retailers in the country, reported its highest year-on-year net profit growth in three quarters in the September quarter, led by deepening reach with store additions. The rise in sales helped offset any rise in employee costs or spend on purchases of stock-in-trade.

 

Avenue Supermarts, which operates the DMart brand of retail stores, reported a 5.09% year-on-year growth in its net profit for the September quarter at INR 7.47 billion, above the Street view of INR 7.3 billion. The revenue grew 15% year-on-year to INR 162.19 billion, a tad below the Street's estimate of INR 165.1 billion.

 

The company's initiatives to expand footprint, improving service, pass on benefits of recently announced goods and services tax, led to a jump in costs. Total expenses rose 16% on year to INR 152.49 billion. Finance costs more than doubled on year to INR 318.4 million and employee costs increased 33% on year to INR 3.31 billion. The company added eight new stores to end the quarter with a total of 432 stores.  

 

"Two years and older DMart stores grew by 6.8% during Q2 FY26 (Jul-Sept) as compared to Q2 FY25. Following the government's recent announcement on goods and services tax, or GST, reforms, we passed on the benefit of reduced GST rates to all our customers, wherever applicable," said Anshul Asawa, the chief executive officer designate of Avenue Supermarts, in a statement.

 

Avenue Supermarts' earnings before interest, tax, depreciation, and amortisation rose 11.31% on year to INR 12.30 billion, but the EBITDA margin declined to 7.6% from 7.9% in the year-ago period. The company net profit margins, too, were down at 4.6% in September quarter, compared with 5% in the same quarter last financial year.

 

"We added 10 new fulfilment centers in our existing markets and continued to invest and deepen our presence in the large metro cities...We are now present across 19 cities in India," said Vikram Dasu, whole time director and CEO, Avenue E-Commerce Ltd., on the performance of e-commerce business DMart Ready. They also shut operations in five cities--Amritsar, Belgavi, Bhilai, Chandigarh and Ghaziabad--in the September quarter.

 

For Apr-Sept, the company recorded a net profit of INR 15.76 billion on a revenue of INR 321.51 billion. Its net profit for same period in FY25 was at INR 15.23 billion on a revenue of INR 277.62 billion.

 

Share of revenue from sales in the food category increased to 57.01% during the first half of the financial year compared with 56.40% a year ago and the share of revenue from non-food consumer goods products fell to 19.65% from 20.15% a year ago. The company's revenue contribution from general merchandise sales dipped slightly to 23.34% in Apr-Sept, compared with 23.45% in the year-ago period.

 

On Friday, shares of Avenue Supermarts closed 0.4% higher at INR 4,320.40 on the National Stock Exchange.  End

 

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Akul Nishant Akhoury

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.

 

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2025. All rights reserved.