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On a sequential basis, the company's revenue is lower by 9%. Standalone revenue from operations for QE 31 December 2022 was at Rs 11,304.58 crore.
The company's standalone revenue for quarters ended on 31 March 2021 and 31 March 2020 was Rs 7,303.13 crore and Rs 6,193.53 crore, respectively.
The total number of stores as of 31 March 2023 stood at 324. As of 31 December 2022, the company had 306 operating stores.
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 31 December 2022, the company had 306 operating stores with retail business area of 12.6 million square feet across Maharashtra, Gujarat, Daman, Andhra Pradesh, Karnataka, Telangana, Tamil Nadu, Madhya Pradesh, Rajasthan, NCR, Chhattisgarh and Punjab.
The company reported 6.72% rise in consolidated net profit to Rs 589.68 crore on 25.51% increase in revenue from operations to Rs 11,569.05 crore in Q3 FY23 over Q3 FY22.
The scrip fell 2.88% to currently trade at Rs 3549 on the BSE.
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