The Radhakishan Damani-promoted retail chain had 442 stores in the quarter under review.
The announcement comes as part of Demart’s Q3 updates, and the revenue figure is tentative and may change in the actual earnings announcement.
Shares of Avenue Supermarkets have lagged the market, rising nearly 4% over the 1-year period. According to Trendline data, the shares are currently trading at Rs. 3,968.6 and Rs. is trading below its 50-day and 200-day simple moving average (SMA) of 4,189.7.
The company reported a 4% growth in its second Q2 net profit from Rs. 660 crore against Rs. 685 crores. Profit after tax (PAT) is attributable to the equity holders of the parent. Income from operations Rs. 16,676 crore, which was Rs. 14.444 crore is 15% more than Rs.
Profit after tax (PAT) fell by 11% sequentially against the reported Rs. 773 crores.
In the April-June quarter of FY26, Rs. 16,360 crore on a quarter-on-quarter basis as the topline grew by 2%.
On a standalone basis, DMart’s total revenue stood at Rs. 16,219 crore, showing a year-on-year growth of 15.4%. In the quarter under review, net profit increased by 5% YoY to Rs. 747 crore has been made.
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Earnings before interest, tax, depreciation and amortization (EBITDA) in Q2FY26 stood at Rs. 1,230 crore was recorded, which was an 11.3% YoY jump.
The company added 8 new stores in Q2FY26.
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