-
DMart’s parent company, Avenue Supermarts Ltd, reports 5.77% increase in Q2 consolidated net profit to Rs 659.58 crore.
-
Revenue grows 14.4% to Rs 14,444.50 crore in Q2FY25 compared to the same quarter last year.
-
EBITDA stands at Rs 1,094 crore, with a margin of 7.6% in Q2FY25.
Avenue Supermarts Ltd, the operator of DMart retail stores, has announced its Q2FY25 financial results. The company reported a 5.77% increase in consolidated net profit to Rs 659.58 crore, up from Rs 623.56 crore in the same quarter last year.
DMart’s revenue saw a significant growth of 14.4% to Rs 14,444.50 crore in Q2FY25, compared to Rs 12,624.37 crore in the previous year. The company’s EBITDA stood at Rs 1,094 crore, with a margin of 7.6%. This growth demonstrates DMart’s continued expansion and success in the Indian retail market.
For the first half of FY25, Avenue Supermarts reported a total revenue of Rs 28,514 crore, up from Rs 24,490 crore in the same period last year. The company’s consolidated net profit stood at Rs 1,433 crore, with a PAT margin of 5.0%. As of June 30, 2024, DMart operates 371 stores across India, covering 15.40 million sq ft of retail space.
