Avenue Supermarts (DMART) Q1 26/27 earnings summary

Executive summary

• Achieved revenue from operations of ₹18,343 crore in Q1 FY27, up from ₹15,932 crore in Q1 FY26, reflecting strong growth year-over-year.

• EBITDA increased to ₹1,527 crore in Q1 FY27 from ₹923 crore in Q1 FY26, with margin improving to 8.3%.

• PAT rose to ₹1,231 crore in Q1 FY27, up from ₹725 crore in Q1 FY26, with PAT margin at 6.7%.

• Board approved unaudited standalone and consolidated financial statements for Q1 FY27, with auditors confirming no material misstatements.

• Issuance of non-convertible debentures up to ₹1,000 crore on a private placement basis was approved.

Financial highlights

• Standalone revenue from operations for Q1 FY27 was ₹18,343.49 crore, up from ₹15,932.12 crore in Q1 FY26.

• Standalone net profit after tax for Q1 FY27 was ₹935.77 crore, compared to ₹829.73 crore in Q4 FY26 and ₹724.60 crore in Q1 FY26.

• Consolidated revenue from operations for Q1 FY27 was ₹18,794.53 crore, up from ₹16,359.70 crore in Q1 FY26.

• Consolidated net profit after tax for Q1 FY27 was ₹860.44 crore, compared to ₹772.81 crore in Q4 FY26 and ₹656.42 crore in Q1 FY26.

• Revenue from sales per retail business area sq ft increased to ₹9,290 in Q1 FY27 from ₹8,779 in Q1 FY26.

Outlook and guidance

• Continued focus on cluster-based expansion, with store count reaching 503 in Q1 FY27, up from 424 in Q1 FY26.

• Emphasis on expanding presence in large towns and cities, with DMart Ready now in 24 cities as of Q1 FY27.

• No explicit forward-looking guidance provided, but continued focus on retail operations and capital market activities indicated by debt issuance and management appointments.