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Avenue Supermarts Q2: Revenue Jumps, Profit Edges Higher as Margins Tighten

UBS maintains a Buy rating, lifting its target to Rs 5,600 on a strong multi‑year growth outlook.

Overview

  • Consolidated revenue came in at Rs 16,676.30 crore for Q2 FY26.
  • Net profit totaled Rs 685.01 crore, with EBITDA at about Rs 1,213.6 crore.
  • Operating margin measured 7.3% versus 7.6% a year earlier.
  • Reported 'Other expenses' were Rs 922.80 crore as overall costs increased.
  • The retailer added eight stores in the quarter to reach 432 locations, and UBS lifted its target price to Rs 5,600 with a Buy rating.