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    DMART   INE192R01011

AVENUE SUPERMARTS LIMITED

(DMART)
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Avenue Supermarts' 2Q Net Profit More Than Doubled on Year

10/17/2021 | 07:39pm EST

By Kosaku Narioka

Avenue Supermarts Ltd. said second-quarter net profit more than doubled from a year earlier as revenue rose thanks to easing of pandemic-related movement restrictions.

The operator of the DMart supermarket chain said on Saturday that net profit for the quarter ended Sept. 30 rose to 4.18 billion Indian rupees ($55.7 million) from INR1.99 billion a year earlier.

Second-quarter revenue increased 47% from a year earlier to INR77.89 billion.

Write to Kosaku Narioka at kosaku.narioka@wsj.com

(END) Dow Jones Newswires

10-17-21 2139ET

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Financials
Sales 2022 315 B 4 241 M 4 241 M
Net income 2022 16 151 M 217 M 217 M
Net cash 2022 21 487 M 289 M 289 M
P/E ratio 2022 179x
Yield 2022 -
Capitalization 2 904 B 39 070 M 39 057 M
EV / Sales 2022 9,14x
EV / Sales 2023 6,52x
Nbr of Employees 10 175
Free-Float 21,9%
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Mean consensus UNDERPERFORM
Number of Analysts 23
Last Close Price 4 483,55 INR
Average target price 4 376,39 INR
Spread / Average Target -2,39%
EPS Revisions
Managers and Directors
Ignatius Navil Noronha Chief Executive Officer, Executive Director & MD
Ramakant Baheti Group Chief Financial Officer & Executive Director
Niladri Deb Chief Financial Officer
Ramesh Shrichand Damani Chairman
Narayanan Bhaskaran Chief Operating Officer-Retail
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