Avenue Supermarts Q1 Profit Jumps 31% To ₹860.4 Crore

Avenue Supermarts Ltd., the operator of DMart retail stores, has reported a significant increase in its consolidated net profit for the quarter ended June 30, 2026. The company's net profit stood at ₹860.4 crore, representing a 31% jump from the previous quarter and an 11.3% year-on-year rise.

The company's revenue from operations also increased to ₹18,795 crore, up 6% sequentially. This growth was driven by higher sales and improved profitability. Avenue Supermarts' total income increased to ₹18,820.31 crore, while profit before tax rose to ₹1,183.14 crore.

The company's expenses for the quarter were ₹17,637.17 crore, with employee benefit expenses increasing to ₹451.93 crore and finance costs rising to ₹54.28 crore. The company also reported a deferred tax expense of ₹7.10 crore for the quarter.

Avenue Supermarts' revenue growth was accompanied by higher purchases of stock-in-trade, which stood at ₹15,936.19 crore. The company's depreciation and amortisation expense was ₹287.70 crore. Basic and diluted earnings per share were ₹13.20 each for the quarter.

In a separate development, the company's board has approved a plan to raise up to ₹1,000 crore through private placement of non-convertible debentures in one or more tranches. This move is expected to help the company expand its retail footprint and drive future growth.

For the full year ended March 2026, Avenue Supermarts reported consolidated revenue from operations of ₹68,820.74 crore, total income of ₹68,894.84 crore, and net profit of ₹2,969.86 crore. The company operates primarily in the retail trade through offline and online channels and has no separate reportable operating segments.

Avenue Supermarts' strong Q1 results are a positive sign for the company's future growth prospects. The company's ability to drive revenue growth and improve profitability is a testament to its strong business model and execution.

The Indian retail industry is expected to continue growing in the coming years, driven by increasing consumer spending and a shift towards organized retail. Avenue Supermarts is well-positioned to benefit from this trend, given its strong brand presence and extensive retail network.

Overall, Avenue Supermarts' Q1 results are a significant positive development for the company and its investors. The company's strong financial performance and growth prospects make it an attractive investment opportunity in the Indian retail sector.

The company's expansion plans, including the purchase of a commercial property in Thane for ₹99.27 crore, are expected to drive future growth and increase its retail footprint. With its strong business model and execution, Avenue Supermarts is likely to continue delivering strong financial performance in the coming quarters.

In conclusion, Avenue Supermarts' Q1 results are a significant positive development for the company and its investors. The company's strong financial performance and growth prospects make it an attractive investment opportunity in the Indian retail sector.