Avenue Supermarts shares fall 4% after Q2 revenue update
In short
Avenue Supermarts said its Q2 revenue rose 18.4% year on year to Rs 19,206.18 crore. It had 518 stores as of September 30, 2026, with one shut for renovations, and it issued Rs 500 crore in commercial paper.
Even with the strong update, the stock fell 4.07% on the NSE. The reports do not say why investors sold the shares.
What the reporting says
Avenue Supermarts reported 18.4% year-on-year revenue growth to Rs 19,206.18 crore for the quarter, while its shares fell 4.07% on the NSE. The company also had 518 stores as of September 30, 2026, with one temporarily closed for renovations, and it issued Rs 500 crore in commercial paper. The reporting does not explain the market’s concern or how the debt issue will affect operations.
Why it matters
Avenue Supermarts reported Q2 revenue of Rs 19,206.18 crore, up 18.4% year on year, and said it had 518 stores as of September 30, 2026. Despite that, the shares dropped 4.07% on the NSE. The company also issued Rs 500 crore in commercial paper. The reporting does not state the reason for the share decline or the purpose of the borrowing.