DMart Parent Avenue Supermarts Sets July 11 Board Meet for Q1FY27 Results and Debt Fundraise
Avenue Supermarts board convenes July 11 to review Q1FY27 numbers and approve a debt fundraise via private placement. Q1 revenue reached Rs 18,343 crore across 503 stores. Prior Q4 saw net profit up 19.2% to Rs 657 crore and Ebitda up 26.7%. Shares trade at Rs 4,187, down 3.27%, at a rich P/E of 99.98.
Avenue Supermarts (DMart parent) board meets July 11 for Q1FY27 results and a debt fundraise via private placement. Q1 revenue hit Rs 18,343 crore across 503 stores; prior Q4 net profit rose 19.2% with improved margins.
Why this matters
The July 11 board meet formalizes DMart's earlier signaled debt fundraise plans alongside Q1 numbers, following revenue of Rs 18,343 crore and a store count reaching 503, with analysts like Geojit staying bullish.
Retail-company signals are accelerating, up 512900% QoQ.