# Avenue Supermarts Posts 18.4% Revenue Growth in Q2 to Rs 19,206 Crore as DMart Store Network Reaches 518

> Avenue Supermarts recorded standalone revenue from operations of Rs 19,206.18 crore for the second quarter of FY27, marking an 18.4% year-on-year increase alongside the addition of 15 net new DMart stores.

**Type:** article · **Category:** Market · **Published:** 2026-10-04 · **Source:** TrendKia
**Canonical:** https://trendkia.com/en/market/avenue-supermarts-ki-dusari-timahi-men-majabuta-aya-18-4-pratishata-barhakara-rajasva-19-206-karora-rupaye-para-pahuncha-42753 · **Language:** English
**Tags:** Avenue Supermarts, DMart, Q2 Results, Revenue, Stock Market, Retail Sector

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).

## What this means for you
This business update signals resilient consumer retail demand and steady brick-and-mortar footprint expansion for DMart.

- **For Equity Investors:** The 18.4% top-line growth highlights steady demand acceleration across retail stores. However, complete insight into operating profitability and margins will only be known when full financial results are released on October 10, 2026.
- **For Retail Consumers:** The net addition of 15 new stores expands consumer access to discount retail grocery shopping in newer regions. Shoppers in Navi Mumbai will need to wait for the Sanpada store reconstruction to conclude before that outlet reopens.
- **For Retail Competitors:** Despite the rapid proliferation of quick-commerce grocery apps, DMart's expanding revenue base underscores enduring appetite for large-format physical retail. This trend is likely to keep pricing and customer acquisition competitive across the grocery sector.
- **For Financial Observers:** An acceleration from 15.4% annual growth in prior September quarters to 18.4% demonstrates accelerating commercial momentum. Market participants will track whether operating margins hold steady against rising operational expenses.

## Why this happened
The revenue acceleration at Avenue Supermarts was primarily driven by aggressive store footprint expansion alongside resilient retail consumer spending.

- **Physical Retail Expansion:** DMart added 15 net new stores during the quarter, lifting its total network count to 518 outlets. This sustained footprint addition expanded total transaction volume and consumer catchment areas.
- **Growth Acceleration:** Revenue growth rebounded to 18.4% year-on-year compared to approximately 15.4% recorded in each of the preceding two September quarters. This acceleration supported higher overall turnover across the operational store network.
- **Next Financial Milestone:** Comprehensive metrics regarding net profit, operating expenses, and same-store sales performance will be reviewed and finalized by the board of directors on October 10, 2026.

## Questions & Answers

### 1. What was Avenue Supermarts' standalone revenue in Q2 FY27?
The company reported standalone revenue from operations of Rs 19,206.18 crore, reflecting an 18.4% increase year-on-year.

### 2. How many retail stores does DMart operate as of September 30, 2026?
DMart operates a total of 518 stores as of September 30, 2026, following a net addition of 15 stores in the quarter.

### 3. What is the status of the Sanpada store in Navi Mumbai?
The Sanpada store is included in the 518 store count but is temporarily closed for reconstruction.

### 4. When will the board meet to approve full quarterly financial results?
The board of directors of Avenue Supermarts will meet on October 10, 2026, to consider and approve the Q2 results.

### 5. Where did Avenue Supermarts shares close on October 1st?
Avenue Supermarts shares closed at Rs 3,830 on the NSE at the end of trading on October 1st.

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