DMart operator Avenue Supermarts reported standalone revenue from operations of ₹19,206.18 crore for Q2 FY2026-27, the July–September quarter, up 18.4% from ₹16,218.79 crore a year earlier. Its September 30 count was 518 stores, including one Navi Mumbai location closed for reconstruction. The company said the revenue figure is subject to limited review by its statutory auditors.
What did DMart report for Q2 FY2026-27?
Avenue Supermarts Limited’s October 3, 2026 business update reported standalone revenue from operations of ₹19,206.18 crore for the quarter ended September 30, 2026. The filing’s year-earlier comparator is ₹16,218.79 crore for the September 2025 quarter; Press Trust of India reported the increase as 18.4% year on year.
The update describes the figure as standalone revenue from operations, not consolidated revenue, profit, or net sales. It is subject to limited review by the company’s statutory auditors, so it should not be described as audited or final.
How does Q2 revenue compare with earlier September quarters?
The company’s update lists standalone revenue from operations for four September quarters:
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| Quarter | Standalone revenue from operations |
|---|---|
| Q2 FY2026-27 (July–September 2026) | ₹19,206.18 crore |
| Q2 FY2025-26 (July–September 2025) | ₹16,218.79 crore |
| Q2 FY2024-25 (July–September 2024) | ₹14,050.32 crore |
| Q2 FY2023-24 (July–September 2023) | ₹12,307.72 crore |
The company figures are from Avenue Supermarts’ October 3, 2026 update. PTI, carried by Business Standard, reported the latest year-on-year growth rate as 18.4%.
Why did DMart revenue rise 18.4%?
The update establishes the increase, but it does not explain what drove it. It provides no breakdown of the quarter’s growth by store openings, customer volumes, prices, product categories, or comparable-store sales. It also does not report Q2 FY2026-27 profit, EBITDA, or margins. The revenue change alone cannot show whether profitability or sales at existing stores rose at the same rate.
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How many DMart stores were counted?
Avenue Supermarts reported 518 stores as of September 30, 2026. That total includes its Sanpada, Navi Mumbai, store, which was closed to customers for reconstruction. The figure is therefore a reported store count, not a count of locations open to customers on that date. The update gives the period-end total, not the number of stores newly opened during the quarter.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What the update does—and does not—tell investors
The business update gives two operating figures: standalone revenue from operations and the period-end store count. It does not provide enough information to assess quarterly earnings, margins, same-store performance, or the reasons for revenue growth. Investors looking to judge those measures will need the company’s fuller quarterly financial results rather than infer them from this announcement.
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