DMart Parent Posts Q1 FY27 Revenue of ₹18,343 Cr as Non-Metro Stores Power Growth

Avenue Supermarts reported Q1 FY27 net profit of ₹936 crore and EBITDA of ₹1,526 crore at an 8.3% margin, with 11 crore bill cuts and 5.5% like-for-like growth. The board cleared ₹1,000 crore in NCDs and named Lalit Ahuja as COO.

— Source publishedSat, 11 Jul, 2026, 17:04 IST·First seen Sat, 11 Jul, 2026, 17:12 IST·Source Outlook Business

What happened

DMart parent Avenue Supermarts posted Q1 FY27 revenue of ₹18,343 crore and net profit of ₹936 crore, driven by non-metro store growth. Board approved ₹1,000

Key facts

  • revenue ₹18,343 crore
  • net profit ₹936 crore
  • EBITDA ₹1,526 crore
  • EBITDA margin 8.3%
  • 11 crore bill cuts
  • LFL growth 5.5%
  • ₹1,000 crore NCDs
  • share price ₹4,083.05

Why this matters

The ₹1,000 crore NCD approval funds continued non-metro store rollout, while naming Lalit Ahuja as COO strengthens operational leadership for the next expansion phase.

What to watch

  • LFL growth trend over next 2 quarters (recovery vs. sub-6% stagnation)
  • EBITDA margin trajectory toward or below 8%
  • Store addition pace and new-store payback disclosures
  • DMart Ready GMV growth and quick-commerce competitive metrics
  • Food inflation and rural demand indicators
  • Deploy ₹1,000 Cr NCD proceeds toward store buildout and DMart Ready fulfillment expansion
  • Accelerate non-metro store openings while managing new-store maturation curve
  • Ahuja to drive supply-chain and store-productivity initiatives to defend margins
  • Increase private-label mix to protect gross margin against competitive pricing