Avenue Supermarts Ltd, the operator of the retail supermarket chain DMart, has presented its quarterly business update for the second quarter of the financial year 2026-27 (FY27). According to the details disclosed on October 3rd, the company registered an 18.4% year-on-year expansion in its standalone revenue from operations, reaching Rs 19,206.18 crore for the quarter ended September 30, 2026. In the corresponding quarter of the previous financial year, revenue from operations stood at Rs 16,218.79 crore. On a quarter-on-quarter basis, sales grew by 4.7% compared with the Rs 18,343.49 crore recorded in the first quarter of FY27.
Acceleration in Revenue Momentum
The latest figures highlight an acceleration in top-line growth when compared with the performance seen in earlier September quarters. In Q2 FY25, DMart had reported revenue of Rs 14,050.32 crore, followed by Rs 16,218.79 crore in Q2 FY26, which represented an annual expansion rate of roughly 15.4% during both comparable periods. The advance to 18.4% growth in Q2 FY27 indicates stronger business traction and an improved sales trajectory for the retail major across its geographical presence.
Retail Footprint Expands to 518 Stores
During the three-month period, DMart sustained its physical footprint rollout, taking its overall operational network to 518 stores as of September 30, 2026. This is up from 503 outlets recorded at the close of June 2026, representing a net addition of 15 new stores during the September quarter. Within this reported total of 518 locations, the company noted the inclusion of its Sanpada unit in Navi Mumbai, which is currently shut for reconstruction purposes. Physical store rollout continues to serve as an anchor element in DMart's broader growth strategy to deepen customer reach and broaden footprint across urban centres.
Full Financial Results Slated for October 10
While the business update provides clarity on top-line progress, it does not reveal metrics on operating margins, net profitability, or same-store sales trajectories. Investors and market observers will need to review the comprehensive quarterly earnings statement to assess how effectively the higher revenues have translated into bottom-line profit expansion. Avenue Supermarts confirmed that its board of directors is scheduled to convene on October 10, 2026, to review and approve the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026.
Market Competition and Operating Dynamics
The supermarket operator continues to navigate an increasingly intense retail landscape marked by competition from established brick-and-mortar competitors alongside rapidly scaling quick-commerce grocery services. Market participants are closely watching how heightened competitive intensity influences customer store visits, basket sizes, and ongoing operating expenditures. Furthermore, like-for-like sales growth remains a central operational benchmark to evaluate the organic performance of mature stores independently of newly launched locations. At the close of trading on October 1st, equity shares of Avenue Supermarts settled at Rs 3,830 on the National Stock Exchange (NSE).
