DMart Parent Avenue Supermarts Posts 8.5% Profit Rise as Revenue Jumps 17.8% in Q2
Avenue Supermarts, the operator of DMart, reported an 8.5% year-on-year increase in consolidated net profit to Rs 743 crore for the second quarter of FY27, supported by robust revenue growth of 17.8% to Rs 19,644 crore. The company expanded its store network by 15 outlets during the quarter, taking its total count to 518, even as EBITDA and profit margins came under pressure from entry-level wage inflation.
