Avenue Supermarts Q2 profit rises 8.5%, opens 15 stores
In short
Avenue Supermarts said its Q2FY27 profit rose 8.5% to Rs 743 crore and revenue climbed 17.8% to Rs 19,644 crore. It also opened 15 new stores, taking the total to 518.
This matters because sales grew fast, but margins fell as wage inflation hit the business. The reporting does not say how much the margins dropped.
What the reporting says
Avenue Supermarts reported in Q2FY27 that consolidated net profit rose 8.5% year on year to Rs 743 crore and revenue increased 17.8% to Rs 19,644 crore. The company also opened 15 new stores during the quarter, taking its total to 518, while EBITDA and profit-after-tax margins declined amid entry-level wage inflation. The reporting does not quantify the margin drop or the wage impact.
Why it matters
Avenue Supermarts posted stronger sales and profit in Q2FY27, but the update also pointed to weaker EBITDA and profit-after-tax margins because of entry-level wage inflation. The company added 15 stores, bringing its total store count to 518, which may support future growth. Investors are likely to focus on whether store expansion can offset margin pressure, but the source does not quantify the deterioration.