Avenue Supermarts Management Change
Avenue Supermarts announced management changes including Lalit Ahuja's appointment as COO. Bhaskaran N was re-appointed as Whole-time Director, and Parvez Vandrewala transitioned to Head-Centre of Excellence.
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Avenue Supermarts announced management changes including Lalit Ahuja's appointment as COO. Bhaskaran N was re-appointed as Whole-time Director, and Parvez Vandrewala transitioned to Head-Centre of Excellence.
Avenue Supermarts reported Q1 FY2027 revenue of INR 18,343 Cr with a 5.1% PAT margin. The company reached a milestone of 503 stores.
Avenue Supermarts reported Q1 standalone revenue of Rs.18,343 Crore, up 15.1% YoY. Net profit rose 12.8% to Rs.936 Crore with three new stores added.
Avenue Supermarts Ltd reported revenue from operations of ₹18,794 Cr (+14.9% YoY) and net profit of ₹860.4 Cr (+11.3% YoY) for Q1 FY27.
Avenue Supermarts opened a new DMart store in Greater Noida today. The company's total store count now reaches 504 locations.