Hot Pursuit     04-Oct-21
Avenue Supermarts jumps after Q2 revenue rises 46.6% YoY
Avenue Supermarts jumps 3.36% to Rs 4381.85 after the company said its standalone revenue from operations rose 46.6% to Rs 7,649.64 crore in Q2 September 2021 over Q2 September 2020.

The company, which owns and operates retail chain D-Mart, reported a revenue from operations of Rs 5,218.15 crore in the same quarter last year, the company informed in a regulatory filing.

The company's total number of stores as of 30 September 2021 stood at 246.

"The Standalone Revenue from operations for QE September 30, 2021 given above is subject to limited review by the Statutory Auditors of the Company," the company said.

In the pre-pandemic Q2 September 2019, Avenue Supermarts reported a revenue of Rs 5,949.01 crore.

Avenue Supermarts is the owner and operator 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 30 June 2021 the company has 238 stores with retail business area of 9.01 million sq. ft

On a consolidated basis, the company posted a 137.9% jump in net profit to Rs 95.36 crore on 33.5% rise in net sales to Rs 5,183.12 crore in Q1 FY22 over Q1 FY21.

Previous News
  Avenue Supermarts
 ( Results - Analysis 15-Oct-23   06:58 )
  Avenue Supermarts
 ( Results - Analysis 16-Jul-23   06:53 )
  Avenue Supermarts opens new store in Sagar, Madhya Pradesh
 ( Corporate News - 14-Sep-24   14:40 )
  Avenue Supermarts slides as Q2 PAT slips 9% YoY to Rs 623 cr
 ( Hot Pursuit - 16-Oct-23   10:00 )
  DMart standalone revenue jumps 17% YoY in Q3 FY24
 ( Hot Pursuit - 03-Jan-24   08:33 )
  Avenue Supermarts gains after CRISIL upgrades ratings to 'AAA' with 'stable’ outlook
 ( Hot Pursuit - 05-Jun-24   12:50 )
  Avenue Supermarts consolidated net profit rises 137.89% in the June 2021 quarter
 ( Results - Announcements 10-Jul-21   16:06 )
  Avenue Supermarts records PAT of Rs 659 cr in Q1 FY24
 ( Hot Pursuit - 15-Jul-23   17:02 )
  Avenue Supermarts AGM scheduled
 ( Corporate News - 15-Jul-23   19:52 )
  DMart revenue rises 17.8% YoY in March quarter
 ( Hot Pursuit - 04-Apr-22   10:31 )
  Avenue Supermarts receives revision in credit rating from CRISIL
 ( Corporate News - 28-Apr-23   09:26 )
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