Avenue Supermarts Ltd, the operator of DMart, recorded a consolidated net profit of INR 659.58 crore for the July to September quarter, marking a 5.77% rise from INR 623.56 crore in the corresponding quarter of the previous year.
Revenue͏͏ Surge:
The͏͏ company͏͏ reported͏͏ a͏͏ 14.4%͏͏ increase͏͏ in͏͏ revenue͏͏ for͏͏ Q2͏͏ FY25,͏͏ reaching͏͏ INR͏͏ 14,444.50͏͏ crore,͏͏ compared͏͏ to͏͏ INR͏͏ 12,624.37͏͏ crore͏͏ in͏͏ the͏͏ same͏͏ period͏͏ last͏͏ year.
EBITDA͏͏ Performance:
According͏͏ to͏͏ the͏͏ consolidated͏͏ financial͏͏ report͏͏ filed͏͏ with͏͏ the͏͏ exchanges͏͏ on͏͏ October͏͏ 12,͏͏ DMart’s͏͏ earnings͏͏ before͏͏ interest,͏͏ tax,͏͏ depreciation,͏͏ and͏͏ amortization͏͏ (EBITDA)͏͏ for͏͏ Q2͏͏ FY25͏͏ reached͏͏ INR͏͏ 1,094͏͏ crore,͏͏ up͏͏ from͏͏ INR͏͏ 1,005͏͏ crore͏͏ in͏͏ the͏͏ same͏͏ quarter͏͏ last͏͏ year.͏͏ The͏͏ EBITDA͏͏ margin͏͏ was͏͏ 7.6%͏͏ in͏͏ Q2͏͏ FY25,͏͏ down͏͏ from͏͏ 8%͏͏ in͏͏ Q2͏͏ FY24.
The͏͏ retail͏͏ chain͏͏ operator’s͏͏ consolidated͏͏ total͏͏ revenue͏͏ for͏͏ the͏͏ quarter͏͏ ended͏͏ September͏͏ 30,͏͏ 2024,͏͏ was͏͏ INR͏͏ 14,445͏͏ crore,͏͏ compared͏͏ to͏͏ INR͏͏ 12,624͏͏ crore͏͏ in͏͏ the͏͏ same͏͏ period͏͏ last͏͏ year.
Its͏͏ basic͏͏ earnings͏͏ per͏͏ share͏͏ (EPS)͏͏ for͏͏ Q2͏͏ FY25͏͏ was͏͏ INR͏͏ 10.14,͏͏ compared͏͏ to͏͏ INR͏͏ 9.58͏͏ for͏͏ Q2͏͏ FY24.
Continue͏͏ Exploring:͏͏ DMart to͏͏ focus͏͏ on͏͏ value͏͏ pricing,͏͏ steers͏͏ clear͏͏ of͏͏ quick͏͏ commerce͏͏ model
H1͏͏ FY25͏͏ Financials:
For͏͏ H1͏͏ FY25,͏͏ Avenue͏͏ Supermarts͏͏ reported͏͏ total͏͏ revenue͏͏ of͏͏ INR͏͏ 28,514͏͏ crore,͏͏ up͏͏ from͏͏ INR͏͏ 24,490͏͏ crore͏͏ in͏͏ the͏͏ same͏͏ period͏͏ last͏͏ year.͏͏ Earnings͏͏ before͏͏ interest,͏͏ tax,͏͏ depreciation,͏͏ and͏͏ amortization͏͏ (EBITDA)͏͏ for͏͏ H1͏͏ FY25͏͏ were͏͏ INR͏͏ 2,315͏͏ crore,͏͏ compared͏͏ to͏͏ INR͏͏ 2,040͏͏ crore͏͏ in͏͏ H1͏͏ FY24.͏͏ The͏͏ EBITDA͏͏ margin͏͏ was͏͏ 8.1%͏͏ in͏͏ H1͏͏ FY25,͏͏ compared͏͏ to͏͏ 8.3%͏͏ in͏͏ H1͏͏ FY24.
For͏͏ H1͏͏ FY25,͏͏ consolidated͏͏ net͏͏ profit͏͏ was͏͏ INR͏͏ 1,433͏͏ crore,͏͏ compared͏͏ to͏͏ INR͏͏ 1,282͏͏ crore͏͏ in͏͏ H1͏͏ FY24,͏͏ while͏͏ the͏͏ profit͏͏ after͏͏ tax͏͏ (PAT)͏͏ margin͏͏ was͏͏ 5.0%͏͏ in͏͏ H1͏͏ FY25,͏͏ down͏͏ from͏͏ 5.2%͏͏ in͏͏ H1͏͏ FY24.
Basic͏͏ earnings͏͏ per͏͏ share͏͏ (EPS)͏͏ for͏͏ H1͏͏ FY25͏͏ was͏͏ INR͏͏ 22.03,͏͏ compared͏͏ to͏͏ INR͏͏ 19.72͏͏ for͏͏ H1͏͏ FY24.
The͏͏ company͏͏ opened͏͏ its͏͏ first͏͏ store͏͏ in͏͏ Mumbai,͏͏ Maharashtra,͏͏ in͏͏ 2002.͏͏ As͏͏ of͏͏ June͏͏ 30,͏͏ 2024,͏͏ it͏͏ operated͏͏ 371͏͏ stores,͏͏ covering͏͏ a͏͏ retail͏͏ business͏͏ area͏͏ of͏͏ 15.40͏͏ million͏͏ sq͏͏ ft͏͏ across͏͏ Maharashtra,͏͏ Gujarat,͏͏ Telangana,͏͏ Andhra͏͏ Pradesh,͏͏ Karnataka,͏͏ Tamil͏͏ Nadu,͏͏ Madhya͏͏ Pradesh,͏͏ Rajasthan,͏͏ Punjab,͏͏ NCR,͏͏ Chhattisgarh,͏͏ and͏͏ Daman.
