New Delhi, Oct. 12 -- Avenue Supermarts share price declined more than 4% in morning trade on the BSE on Monday, 12 October, after the company reported its September quarter (Q2FY27) results. DMart share price opened at Rs.3,405 against its previous close of Rs.3,520 and dropped 4.4% to hit a 52-week low of Rs.3,366.

Shares of Radhakishan Damani-led Avenue Supermarts declined on Monday after the company reported a modest 8.5% year-on-year (YoY) rise in its Q2FY27 consolidated net profit to Rs.742.98 crore. Total income rose almost 18% YoY to Rs.19,657.50 crore.

Margins declined during the quarter as expenses increased faster than revenue.

Consolidated earnings before interest, tax, depreciation and amortisation (EBITDA) increased 14.7%...