DMart Q1: Net Profit Seen Up 16% to Rs 964 Crore, Revenue Near Rs 17,189 Crore

Avenue Supermarts reports Q1 results July 11. Standalone revenue estimated at Rs 17,189 crore, with net profit expected up 16% to Rs 964 crore and Ebitda up 15% to Rs 1,517 crore at an 8.26% margin. LTM subsidiary revenue pegged at Rs 11,560 crore with net profit down 17% to Rs 1,156 crore.

— Source publishedSat, 11 Jul, 2026, 08:00 IST·First seen Sat, 11 Jul, 2026, 00:35 IST·Source NDTV Profit

What happened

Avenue Supermarts (DMart) reports Q1 results July 11, with standalone revenue estimated at Rs 17,189 crore (down 2% YoY) and net profit expected up 16% to Rs

Key facts

  • revenue Rs 17,189.1 crore
  • net profit Rs 964 crore up 16%
  • Ebitda Rs 1,517 crore up 15%
  • margin 8.26%
  • LTM revenue Rs 11,560 crore
  • LTM net profit Rs 1,156 crore down 17%

Why this matters

The widening gap between resilient standalone growth and weakening subsidiary economics suggests digital-arm investment or restructuring decisions will shape the next phase of DMart's expansion strategy.

What to watch

  • Ebitda margin vs 8.26% estimate
  • Like-for-like / SSSG growth number
  • New store count and revenue per sq ft
  • DMart Ready subsidiary loss/profit trend
  • Gross margin commentary on grocery/general merchandise mix
  • Brokerages update DMart Ready/e-commerce loss trajectory in models
  • Analysts benchmark SSSG and per-store throughput vs quick-commerce erosion
  • Management commentary on store additions and metro footfall guides FY26 estimates
  • Peers (Reliance Retail, Trent) commentary compared for share-shift read