Avenue Supermarts Share Price Drops 5% Even As D-Mart Reports Strong 18.4% Revenue Growth In Q2 FY27
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Avenue Supermarts shares fell over 5% despite Q2 FY27 standalone revenue rising 18.4% year-on-year to ₹19,206 crore. D-Mart also expanded its store network to 518 outlets as of 30 September.
Avenue Supermarts shares fell more than 5% on Monday despite the company reporting strong standalone revenue growth for the September quarter.
The operator of the D-Mart retail chain reported standalone revenue from operations of ₹19,206.18 crore for Q2 FY27, up 18.4% from ₹16,218.79 crore in the same quarter last year. Revenue was also higher sequentially. It increased 4.7% from ₹18,343.49 crore reported in the June quarter.
D-Mart shares declined despite the stronger sales update, putting the focus on what investors are expecting from D-Mart beyond the headline revenue growth.
At 11:51 AM, D-Mart share price at the National Stock Exchange stood at ₹3,264 apiece, down 4.96% from the previous session’s closing.
D-Mart Revenue Rises 18% In Q2
Avenue Supermarts' September-quarter revenue was considerably higher than the year-ago figure. The company had reported standalone revenue of ₹16,218.79 crore in Q2 FY26.
The latest figure of ₹19,206.18 crore represents an increase of nearly ₹2,987 crore over the year. Compared with Q1 FY27, revenue was higher by around ₹863 crore.
D-Mart Store Count Reaches 518
Avenue Supermarts had 518 D-Mart stores as of 30 September 2026. This includes the company's Sanpada outlet in Navi Mumbai. The store is currently closed to customers as reconstruction work is being carried out.
D-Mart is promoted by Radhakishan Damani and his family and operates stores across several states. The retail chain sells everyday products across categories including food, home goods, personal care products and other household essentials.
What Lies Ahead?
The latest business update only covers standalone revenue and the store network. It does not include the full set of quarterly financial numbers, including profit, operating margins and other performance indicators. Those figures will give investors a clearer picture of how the higher sales have translated into earnings.
For now, the market reaction shows that the revenue growth alone has not been enough to lift sentiment around the D-Mart operator. Investors will be watching the detailed Q2 results for more clues on margins and profitability.
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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