Avenue Supermarts , which operates the retail chain DMart, reported a nearly 4% year-on-year rise in consolidated net profit to ₹685 crore for the September quarter, while revenue grew 15.5% year-on-year to ₹16,676 crore. The company announced its Q2FY26 results on Saturday.

While Q2 like-for-like growth (same-store sales growth/SSG) of 6.8% was higher than the 5.5% recorded in the same quarter last year, sequentially the retailer’s SSG declined by 30 basis points from 7.1% in the June quarter. One basis point is equal to one-hundredth of a percentage point.

Q2 revenue growth was also slightly below the 16% average seen over the past three years, analysts noted. The company added eight new stores in Q2FY26, taking its total store count to 432.

Earnings before interest, tax, depreci

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