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D-Mart owner Avenue Supermarts reports 18.4% rise in Q2 revenue to Rs 19,206 crore

Reported by Kavya Rao (Senior Writer) · Business Standard - Top Stories ·

Verified — Confirmed by a second source: Economic Times - Markets

Confirmed by a second source: Economic Times - Markets

Major
D-Mart owner Avenue Supermarts reports 18.4% rise in Q2 revenue to Rs 19,206 croreRepresentative image · Pexels

Avenue Supermarts, the company that runs the D-Mart retail chain, earned a standalone revenue of ₹19,206.18 crore for the second quarter that ended on September 30, 2026. This shows an 18.4 per cent increase compared to the same period a year ago when the company reported revenue of ₹16,218.79 crore.

Growth Details

According to a regulatory filing shared by the company on Saturday, revenue also went up by 4.7 per cent when compared to the previous quarter ending in June, where earnings stood at ₹18,343.49 crore. With this latest performance, the total store count for the retail chain reached 518 by the end of September. This total includes a store in Sanpada, Navi Mumbai, Maharashtra, which is closed right now for customers due to reconstruction work.

Background

The retail chain is promoted by Radhakishan Damani and his family. D-Mart sells basic home and personal items across several states and regions in India, including Maharashtra, Gujarat, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, Chhattisgarh, the NCR, Tamil Nadu, Punjab, and Rajasthan.

Context

Standalone revenue figures reflect earnings generated strictly from a company's direct operations without including the financial results of its subsidiaries. Tracking quarterly updates helps investors gauge how well large retail businesses are coping with changing consumer spending patterns over time.

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