Revenue rises faster than quarterly profit
Avenue Supermarts, the company behind the DMart retail chain, reported consolidated net profit of Rs 742.98 crore for the September quarter, an increase of 8.5% from a year earlier. Business Standard’s PTI report put the comparable profit at Rs 684.85 crore.
Revenue from operations reached Rs 19,644 crore, up 17.8% from Rs 16,676.30 crore. Mint independently reported the same revenue figure and growth rate, with rounded net profit of Rs 743 crore. The figures show earnings growing more slowly than sales during the second quarter of FY27.
Sources: D-Mart Q2FY27 result: Net profit rises 8.5% to ₹743 cr, revenue grows 17.8% · DMart’s Q2 profit growth trails revenue as expenses rise
Expenses and margins reflect cost pressure
Business Standard reported total quarterly expenses of Rs 18,632.70 crore, an 18.3% increase. Including other income, the company’s total income stood at Rs 19,657.54 crore, up 17.73%. These are distinct measures: revenue from operations tracks the operating business, while total income includes other income.
Mint reported that the net profit margin fell to 3.8% from 4.1%, while the EBITDA margin narrowed to 7.1% from 7.3%. Management attributed a marginal increase in operating expenses to wage inflation at entry levels. The margin movements provide context for the slower profit growth despite the larger sales base.
Sources: D-Mart Q2FY27 result: Net profit rises 8.5% to ₹743 cr, revenue grows 17.8% · DMart’s Q2 profit growth trails revenue as expenses rise
Store additions accompany growth at older outlets
According to Mint, DMart added 15 stores during the quarter, bringing its network to 518 as of September 30. Stores at least two years old recorded growth of 9.5%, compared with 6.8% in the corresponding quarter of FY26, the publication reported, citing chief executive Anshul Asawa.
Mint reported that DMart Ready operated in 11 cities in the first half of FY27, compared with 19 a year earlier. The company did not provide forward-looking guidance on revenue growth or store additions in the results announcement.
Sources: DMart’s Q2 profit growth trails revenue as expenses rise
Prepared with AI assistance from the linked reporting. Banner: AI-generated editorial illustration.
