Avenue Supermarts Adds Five New Stores Across Three Indian States
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Avenue Supermarts adds five new stores, expanding its network to 477 outlets across three Indian states.
- Opened fresh locations in Tamil Nadu (Tirunelveli), Uttar Pradesh (Bareilly) and deeper in Maharashtra (Padoli, Sumthana, Shahapur), boosting geographic coverage.
- The added stores are expected to generate incremental sales and lift overall same‑store sales as the brand reaches more shoppers.
- Setting up each outlet raises short‑term cash outflows and SG&A costs, but the company sees economies of scale offsetting some pressure.
- No change to FY2026‑27 earnings or revenue guidance; the rollout follows the firm’s long‑term expansion roadmap.
Listings: BSE 540376, NSE DMART.
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