Avenue Supermarts (DMART) Q1 25/26 earnings summary

Executive summary

• Q1 FY26 saw continued expansion with 424 stores, up from 371 in Q1 FY25, reflecting a robust growth strategy.

• Board approved unaudited standalone and consolidated financial statements for the quarter ended 30th June, 2025, following review by statutory auditors and audit committee.

• Focus remains on cluster-based expansion and increasing presence in large towns and cities.

Financial highlights

• Standalone revenue from operations for Q1 FY26 was ₹15,932.12 crore, up from ₹14,462.39 crore year-over-year.

• Standalone net profit after tax for Q1 FY26 was ₹829.73 crore, compared to ₹619.71 crore in Q1 FY25.

• Consolidated revenue from operations for Q1 FY26 was ₹16,359.70 crore, up from ₹14,871.86 crore year-over-year.

• Consolidated net profit after tax for Q1 FY26 was ₹772.81 crore, compared to ₹550.79 crore in Q1 FY25.

• EBITDA for Q1 FY26 stood at ₹1,235 Cr with a margin of 8.5%, compared to ₹1,313 Cr and 9.6% in Q1 FY25.

Outlook and guidance

• Continued focus on expanding store footprint and enhancing presence in key urban markets.

• Emphasis on maintaining growth momentum through cluster-based expansion.