Shares of Avenue Supermarts Ltd, the parent company of DMart, rose 8.13% to hit an all-time high of ₹4,324.00 per share on the National Stock Exchange (NSE) on Wednesday, July 30.
This sharp rise in the company’s share price comes a day after it announced the opening of a new store in Pathankot, Punjab on Tuesday. Earlier this month, the company opened another store in Tathawade, Pune.
With the opening of the new DMart, the total number of stores of the company has gone up to 426, as against 424 as on June 30, 2025. The company had opened nine stores in the first quarter.
Avenue Supermarts Q1 results
Earlier this month, the company reported a marginal year-on-year decline in its consolidated net profit to Rs 773 crore in the June quarter of FY 2025-26 (Q1 FY26). Its profit stood at ₹774 crore in the same period last year.
However, its revenue from operations during the quarter under review stood at ₹16,358.7 crore, up 16.3% from Rs 14,069 crore in Q1 FY25 to Rs 16,358.7 crore.
At the operational level, Avenue Supermarts’ EBITDA (earnings before interest, tax, depreciation and amortisation) rose to ₹1,299 crore in Q1 FY26 from ₹1,221.2 crore in Q1 FY25. Its EBITDA margin declined to 7.94% from 8.68% in the same quarter last fiscal.
Commenting on the results, Avenue Supermarts CEO and Managing Director Neville Noronha said: “The impact of around 100-150 basis points on revenue growth was mainly due to higher deflation across several key and non-food products. Gross margin is lower compared to the same period last year due to continued competition in the FMCG sector. Operating costs are higher due to our efforts to improve service levels, capacity building and inflation in entry-level salaries,” he said.
Avenue Supermarts shares closed 6.75% higher at ₹4,269 per share on Wednesday.
Its total market capitalisation as of July 30, 2025 is ₹2.78 lakh crore, according to NSE data.