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Reported Oct 10, 2026Quickanomics write-up updated Oct 12, 2026, version 14 min read
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sales rose 17.8% and 8.5% in the September quarter. improved while management reported higher entry-level wage costs.
Avenue Supermarts, which operates India’s DMart supermarket chain, increased quarterly and while its narrowed, according to results announced on October 10.
from operations rose 17.8% to INR 19,644 in the July-September 2026 quarter, from INR 16,676.30 a year earlier, Moneycontrol reported. rose 8.5% to INR 742.98 from INR 684.85 . The company’s press release rounds the profit figures to INR 743 and INR 685 .
The quarter ended September 30 and is the second quarter of the company’s financial year. All amounts are in Indian rupees, expressed where indicated in , a unit equal to ten million.
increased to INR 1,393 from INR 1,214 . The measure excludes interest, tax, . Its fell to 7.1% from 7.3%, while the declined to 3.8% from 4.1%. Basic increased to INR 11.40 from INR 10.53.
The figures describe how much of is represented by the relevant earnings measure. and profit can both rise while the profit share falls, as happened in these results. also differs from because it excludes the financing, tax and asset-cost charges that its name identifies.
On a basis, covering Avenue Supermarts itself, grew 18.4% to INR 19,206 from INR 16,219 . rose 14.1% to INR 1,403 from INR 1,230 . increased 7.6% to INR 804 from INR 747 .
The declined to 7.3% from 7.6%, and the to 4.2% from 4.6%. Basic reached INR 12.32, compared with INR 11.47. figures combine the parent with its , so they cover a different set of operations from the account.
Moneycontrol reported that total expenses increased 18.3% to INR 18,632.70 . Total income, which includes alongside from operations, rose 17.7% to INR 19,657.54 . Total income and from operations are therefore different measures in the quarterly account.
Managing director and CEO attributed a marginal increase in to wage among entry-level staff. He said DMart’s pricing proposition remained strong in an inflationary environment. The company describes its strategy as keeping purchase, operating and distribution costs competitive so it can offer low prices.
said DMart grew 9.5% during the quarter, compared with 6.8% in the corresponding quarter last year. That measure gives a view of growth beyond the contribution from newly opened locations.
The chain added 15 stores during the quarter and 18 during the half year, taking its reported network to 518 stores at September 30. The total includes one Navi Mumbai store currently closed to customers for reconstruction. Its retail business area was 21.4 million square feet.
The Mumbai-based company opened its first store in Mumbai, Maharashtra in 2002. Its assortment includes food, household and personal products, and apparel. Moneycontrol reported that food represented 56.9% of half-year , and apparel 23.62%, and non-food 19.4%. The last category consists of frequently purchased everyday products.
For the half year ended September 30, rose 16.8% to INR 37,550 from INR 32,151 . increased 15.2% to INR 2,930 from INR 2,543 , and rose 10.3% to INR 1,739 from INR 1,576 .
The half-year was 7.8%, down from 7.9%, while its was 4.6%, against 4.9%. Basic increased to INR 26.67 from INR 24.22. This allocates the period’s profit across shares and does not represent a guaranteed distribution to shareholders.
half-year reached INR 38,439 , against INR 33,036 . was INR 2,892 , compared with INR 2,513 , and was INR 1,603 , against INR 1,458 . The declined to 7.5% from 7.6%, and the to 4.2% from 4.4%. Basic rose to INR 24.60 from INR 22.41.
, whole-time director and CEO of Avenue E-Commerce, said the DMart Ready e-commerce business was focusing on operating efficiencies and the customer experience in its existing cities.
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