DMart Q2 Business Update: Revenue Jumps 18.4% to Rs. 19,206 Crore; Store Count Rises to 518

Avenue Supermarts Ltd, which operates the DMart retail chain, reported an 18.4% year-on-year increase in standalone revenue from operations to Rs. 19,206.18 crore for the second quarter of FY27, according to its business update released on October 3rd

The company had reported revenue from operations of Rs .16,218.79 crore in the corresponding quarter of the previous financial year. On a sequential basis, revenue increased 4.7% from Rs. 18,343.49 crore in the first quarter of FY27.

The latest performance indicates an acceleration in revenue growth compared with the previous two September quarters. DMart reported revenue of Rs. 14,050.32 crore in Q2 FY25 and Rs. 16,218.79 crore in Q2 FY26, translating into year-on-year growth of around 15.4% in each period. The 18.4% growth recorded in Q2 FY27 marks an improvement in the company's revenue momentum.

DMart Adds 15 Stores in Q2

DMart continued to expand its retail footprint during the quarter, taking its total store count to 518 as of September 30, 2026, compared with 503 stores at the end of June.

The company added 15 stores on a net basis during the September quarter. The reported store count includes its Sanpada store in Navi Mumbai, which is currently closed for reconstruction.

Store expansion remains an important part of DMart's growth strategy as it seeks to increase its presence across markets and reach more customers.

Profitability and Same-Store Sales Data Awaited

While the business update points to stronger revenue growth, it does not include details on profitability, operating margins or same-store sales growth. Investors will have to wait for the company's full quarterly results to assess whether the higher revenue has translated into improved earnings.

DMart operates in an increasingly competitive retail environment, with pressure from established retailers and the growing presence of quick-commerce platforms. The impact of competition on customer footfall, average transaction values and operating costs will be among the key factors to watch.

The company's like-for-like sales growth will also be closely monitored, as it provides insight into the performance of existing stores, separate from the contribution of newly opened outlets.

DMart Q2 Results on October 10

Avenue Supermarts said its board of directors will meet on October 10, 2026, to consider and approve the unaudited standalone and consolidated financial results for the second quarter and half-year ended September 30, 2026.

DMart Share Price

At the end of trading on October 1st, Avenue Supermarts shares ended at Rs. 3,830 on the NSE.