Avenue Supermarts share price slips over 4% after Q1 results. Should you buy, sell or hold DMart shares?
New Delhi, July 13 -- Avenue Supermarts share price plunged over 4% in early trade on Monday, after the DMart retail chain operator reported its fiscal first quarter results. Avenue Supermarts shares fell as much as 4.23% to Rs.3,910.00 apiece on the BSE.
Avenue Supermarts reported an 11.3% year-on-year rise in consolidated net profit to Rs.860.6 crore in the quarter ended June 2026, while the company's revenue grew 14.9% YoY to Rs.18,794 crore.
The company's revenue from sales per sq. ft. in Q1FY27 declined 2.37% YoY at Rs.8,571 crore.
The company's like-for-like (LFL) growth decelerated to 5.5% as against 10.8% in the March quarter, while its management indicated that revenue growth for older stores in large metros was flat, while no...
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