DMart Q2 standalone revenue rises to ₹16,219 crore; total stores at 432
As of September 30, 2025, the total number of DMart stores was 432, including one store at Sanpada, Navi Mumbai, which is currently closed for customers due to reconstruction. Shares of Avenue Supermarts Ltd ended at ₹4,420.00, down by ₹29.30, or 0.66%, on the BSE.
Avenue Supermarts | Axis Securities has projected an 18% upside on the stock with a target price of 5,280 per share. It said the company has taken several initiatives to address challenges such as subdued demand environment, increasing competition from organised players and online platforms, among others. It is of the view that the overall improving consumer demand, supported by stable macroeconomics and a strong festive outlook in the second half of FY26 is expected to further support these initiatives and drive growth in high-margin general merchandise and apparel categories. Published Oct 03, 2025 | 10:16 AM GMT-04 Avenue Supermarts Ltd, which operates the D-Mart retail chain stores, on Friday (October 3) released its standalone business update for the quarter ended September 30, 2025 (Q2 FY26).
Standalone revenue from operations for Q2 FY26 stood at ₹16,218.79 crore, up from ₹14,050.32 crore in the corresponding quarter of FY25, ₹12,307.72 crore in FY24, and ₹10,384.66 crore in FY23.
As of September 30, 2025, the total number of DMart stores was 432, including one store at Sanpada, Navi Mumbai, which is currently closed for customers due to reconstruction. The company noted that the reported standalone revenue is subject to limited review by the statutory auditors.
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First Quarter Results
Avenue Supermarts reported standalone revenue of ₹15,932.12 crore for the quarter ended June 30, 2025, reflecting a 16.2% increase from ₹13,711.87 crore in the same period last year.
As of June 30, 2025, the company operated 424 stores across the country. The first quarter of FY26 saw six net new store additions, including a key opening in Agra, marking the company’s first major expansion in the state since Ghaziabad.
Shares of Avenue Supermarts Ltd ended at ₹4,420.00, down by ₹29.30, or 0.66%, on the BSE.
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