DMart Q1 FY27: Revenue up 14.9% but margins squeezed by costs, slowing metro-store growth
Avenue Supermarts posted Q1 revenue of ₹18,794.5 crore (+14.9% YoY) and net profit of ₹860.4 crore (+11.3%), but expenses of ₹17,637.2 crore and slowing mature-store growth (5.5% vs 7.1%) pressured margins as quick commerce eats into urban wallets. Store count hit 503, with just 3 added.
DMart's Q1 FY27 revenue rose 14.9% to ₹18,794.5 crore, but higher costs and slowing mature metro-store growth (5.5%) squeezed margins as quick commerce pressures urban wallets. Store count reached 503; leadership reshuffle continues under new CEO Anshul Asawa.
Also reported by
- Mint — Same time