India's Avenue Supermarts falls as Q2 revenue growth below expectations

Avenue Supermarts

06/10/2025 06:43

** India's Avenue Supermarts  AVEU.NS falls 3% to 4,280 rupees; set for third straight session of losses

** DMart supermarket chain operator reports ~15% y/y growth in revenue for July-September

** Brokerage firms say revenue growth missed their estimates

** JM Financial expected a 17.5% growth in revenue, while Motilal Oswal Financial Services had forecast a 17% growth

** Motilal Oswal highlights weak productivity, says annualized revenue per store grew by a modest 1% vs 2% in the previous quarter

** Analysts on avg have a "hold" rating on AVEU; median PT at 4,040 rupees: LSEG data

** Stock pares YTD gains to 20%

 (Reporting by Vivek Kumar M)

 ((vivekkumar.m@thomsonreuters.com))