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The retail chain operator reported standalone revenue of Rs 12,307.72 crore for the quarter ended 30 September 2023, registering the growth of 18.52% as compared with Rs 10,384.66 crore in the quarter ended 30 September 2022.
Avenue Supermarts is a Mumbai-based company, which owns and operates D-Mart stores. D-Mart is a national supermarket chain that offers customers a range of home and personal products under one roof. As of June 30, 2023, the company had 327 operating stores with retail business area of 13.5 million sq. ft across Maharashtra, Gujarat, Daman, Andhra Pradesh, Karnataka, Telangana, Tamil Nadu, Madhya Pradesh, Rajasthan, NCR, Chhattisgarh and Punjab.
The company reported 7.8% increase in consolidated net profit to Rs 460.13 crore on 20.57% jump in revenue from operations to Rs 10,594.11 crore in Q4 FY23 over Q4 FY22.
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