Overview
- Avenue Supermarts reported results on Saturday, July 11, with consolidated revenue up about 14.9% to roughly Rs 18,795 crore and net profit rising 11.3% to about Rs 860 crore for Q1 FY27.
- Ebitda grew roughly 15.4% to Rs 1,499 crore and the Ebitda margin was around 8%, showing operating strength even as profit margin on sales edged slightly lower.
- Same‑store sales at DMart stores older than two years slowed to 5.5% year‑on‑year and were flat in large metropolitan stores, while non‑metro outlets held up better.
- The company slowed physical expansion to three new stores in Q1 (total 503), pared back DMart Ready by exiting seven marginal cities to operate in 11, and bought a commercial property in Thane.
- Management approved raising up to Rs 1,000 crore via privately placed non‑convertible debentures and made senior leadership promotions as it refocuses growth, cash and operations.