🔥 Trending DMart (Avenue Supermarts) Q1 Business Update: Revenue, Stock Performance, and An

DMart is a prominent Indian retail chain operated by Avenue Supermarts Ltd. Founded by Radhakishan Damani, it operates a chain of hypermarkets that offer a wide range of products including groceries, home essentials, apparel, and general merchandise at competitive prices ⁵. DMart is known for its value-for-money proposition and efficient supply chain management, making it a popular choice among Indian consumers.

Latest Business Updates (Q1 FY27)

Avenue Supermarts, the operator of DMart, recently released its business updates for the first quarter of the fiscal year 2026-27 (Q1 FY27), covering the period from April to June 2026.

Revenue Performance

DMart reported a standalone revenue of ₹18,343.5 crore for the June 2026 quarter ⁵. This represents a 15.1% year-on-year (YoY) increase compared to the same period last year ¹⁵. While this growth is significant, some analysts noted that the revenue figure was below consensus expectations, and the growth rate was considered muted by market standards, especially with a 19% quarter-on-quarter (QoQ) growth ⁸.

Store Expansion

As of June 30, 2026, DMart's total store count across India reached 503 ¹⁵. The company added three new stores during the quarter ². Despite this expansion, one store in Navi Mumbai remains closed for reconstruction ¹. Store expansion continues to be a key driver for DMart's sales growth ¹.

Market Reaction

Despite the double-digit revenue growth and continued store expansion, DMart's shares experienced a decline in the market. Following the Q1 FY27 business update, the company's shares dipped by approximately 4-5% ²³⁴⁵. This market reaction was largely attributed to the revenue figures falling short of analyst expectations and concerns about the pace of growth ³⁸. Brokerages largely retained cautious ratings on the stock ⁴.

Previous Quarter's Performance (Q4 FY26)

For the fourth quarter of the fiscal year 2025-26 (Q4 FY26), DMart reported a net profit of ₹656.6 crore. This marked a 19% jump from the ₹550.90 crore reported in the corresponding quarter of the previous fiscal year ¹⁰.

Recent Q2 FY26 Performance

In its Q2 FY26 business update, DMart reported standalone revenue of ₹16,218.79 crore, an increase from ₹14,050.32 crore a year earlier. Despite this being the strongest Q2 revenue in four years, DMart shares slipped over 1% ⁶.