Avenue Supermarts Ltd.

Avenue Supermarts Q2 Results: Profit rises 63% YoY to Rs 730 crore; revenue jumps 36%

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Avenue Supermarts Q2 Results: Profit rises 63% YoY to Rs 730 crore; revenue jumps 36%

on Saturday reported a nearly 63 per cent YoY rise in net profit for the September quarter to Rs. 730.48 crores. Revenue for the quarter rose nearly 36 per cent on year to Rs. 10385 crores. The earnings before interest, taxes, depreciation and amortization (EBITDA) for the quarter rose more than 33 per cent on … Read more

DMart Q2 takeaways: Footfall still low, discretionary demand improving slowly

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NEW DELHI: Avenue Supermarts (DMart)’s September quarter numbers suggest that while the demand for the company’s FMCG segment has recovered smartly in successive months, it would still take some time before the non-FMCG demand reaches pre-Covid levels. September was the second straight quarter when the Radhakishan Damani-led company reported a fall in both top and … Read more