Avenue Supermarts reports an 8.5% rise in Q2 net profit to Rs 710 crore and a 17.8% revenue growth to Rs 14,389 crore driven by store expansion.
Avenue Supermarts Limited announced its financial results for the second quarter ending September 30, 2026. The company achieved a net profit of 710 crore rupees, marking an 8.5 percent increase compared to the same period in the previous fiscal year.
Revenue Performance and Store Expansion
Revenue from operations saw a significant rise of 17.8 percent, reaching 14,389 crore rupees. This growth is attributed to the company’s continued store expansion strategy and robust demand across its retail outlets.
- Net Profit: 710 crore rupees
- Net Profit Growth: 8.5 percent
- Revenue from Operations: 14,389 crore rupees
- Revenue Growth: 17.8 percent
Despite rising operational costs, the company maintained a stable financial position, reflecting its resilience in the competitive Indian retail market.
Cable Sector Outlook and Industry Trends
Simultaneously, market analysts are projecting positive trends for the Indian cable and wire industry. Companies like Diamond Power, Finolex, and Polycab are expected to see favorable developments during the period.
