New Delhi, Oct. 10 -- Avenue Supermarts Ltd, which runs the DMart retail chain, reported a 17.8% year-on-year rise in consolidated revenue to Rs.19,644 crore in the July-September quarter, driven by stronger growth at older stores and continued expansion across India.

Consolidated net profit rose 8.5% to Rs.743 crore in the second quarter of FY27, slower than revenue growth. The company's net profit margin narrowed to 3.8% from 4.1% a year earlier, while its earnings before interest, tax, depreciation and amortisation (Ebitda) margin declined to 7.1% from 7.3%.

The Mumbai-based retailer added 15 stores during the quarter, taking its total count to 518 as of 30 September. The company said entry-level wage inflation had led to a marginal ...