Retailers post high double-digit revenue growth in Q2 despite festive season shift
Retail companies have shown strong revenue growth in the July-September quarter of 2026. Avenue Supermarts Ltd reported an 18.4 per cent increase in standalone revenue, reaching Rs 19,206.18 crore. V-Mart Retail and V2 Retail also reported substantial year-on-year revenue growth during this period. The festive season has shifted by 19 days, impacting sales performance reports across retailers. October to December is expected to capture more festive-led retail demand this year.
Retail companies reported high double-digit revenue growth in the July-September quarter, despite the festive season shifting to the October-December period this year due to a change in the festival calendar. Listed retailers in their quarterly updates said they continued to expand their retail footprint by opening new stores with a focus on strengthening their presence across markets. Avenue Supermarts Ltd , which operates the D-Mart retail chain, reported an 18.4 per cent increase in standalone revenue from operations to Rs 19,206.18 crore for the second quarter ended September 30, 2026. The company had posted revenue from operations of Rs 16,218.79 crore in the corresponding quarter a year ago, according to a regulatory filing. Advt
The total number of stores operated by the Damani-family-promoted retailer stood at 518 as of September 30, 2026. Value fashion retailer V-Mart Retail posted an 18 per cent year-on-year growth in revenue from operations at Rs 953 crore during the quarter compared to Rs 807 crore in the year-ago period. Its same-store sales growth (SSSG) stood at 3 per cent during the quarter.
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