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The Economic Times
The Economic Times
Business
Veer Sharma

Avenue Supermarts shares tumble 5% after posting Q1 business update

Avenue Supermarts DMart

Shares of Avenue Supermarts, the operator of DMart stores, declined 5% to Rs 3,995 on the BSE on Friday after the company reported its business update for the quarter ended June 30, 2026, including growth in revenue and store additions.

The retailer reported standalone revenue of Rs 18,343.5 crore for the June quarter, up 15.1% from Rs 15,932.1 crore in the corresponding period last year. During the quarter, the company added three stores, taking its total store count to 503. Its store network expanded 18.6% year-on-year. As of June 30, 2026, Avenue Supermarts had 503 stores, including one store at Sanpada, Navi Mumbai, Maharashtra, which is currently closed for customers due to reconstruction.

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