Avenue Supermarts, which runs the popular DMart chain of retail stores, on Saturday, announced that its consolidated profit for the quarter ended March 2024 has jumped 22.4% to Rs 563 crore as against Rs 460 crore in the corresponding quarter of the previous financial year. The company’s revenue jumped 20% year-on-year (YoY) to Rs Rs 12,727 crore.
The retailer’s EBITDA rose 22.3% YoY to Rs 943 crore while its operating profit margin also a growth of 13 bps at 7.41%.
More to come….
