Avenue Supermarts Limited Announces Audited Standalone Earnings Results for the Fourth Quarter and Full Year and Consolidated Earnings Results for the Year Ended March 31, 2019
May 11, 2019 at 06:50 am EDT
Share
Avenue Supermarts Limited announced audited standalone earnings results for the fourth quarter and full year and consolidated earnings results for the year ended March 31, 2019. For the quarter, on standalone basis, the company reported total income of INR 50,480.3 million against INR 38,248.7 million for the same period a year ago. Net profit after tax was INR 2,028.9 million against INR 1,671.0 million for the same period a year ago. Basic EPS was INR 3.25 against INR 2.68 for the same period a year ago. Diluted EPS was INR 3.21 against INR 2.64 for the same period a year ago.
For the year, on standalone basis, the company reported total income of INR 199,676.6 million against INR 150,815.3 million for the same period a year ago. Net profit after tax was INR 9,363.5 million against INR 7,846.8 million for the same period a year ago. Basic EPS was INR 15.00 against INR 12.57 for the same period a year ago. Diluted EPS was INR 14.79 against INR 12.41 for the same period a year ago.
For the year, on consolidated basis, the company reported total income of INR 200,528.7 million against INR 151,025.2 million for the same period a year ago. Net profit after tax was INR 9,024.6 million against INR 8,062.8 million for the same period a year ago. Basic EPS was INR 14.46 against INR 12.92 for the same period a year ago. Diluted EPS was INR 14.26 against INR 12.76 for the same period a year ago.
Avenue Supermarts Limited is an India-based company, which is engaged in the business of organized retail and operating supermarkets under the D-Mart brand name. DMart is a supermarket chain that offers customers a range of products with a focus on the foods, non-foods fast-moving consumer goods (FMCG) and general merchandise and apparel product categories. Each DMart store stocks home utility products, including food, toiletries, beauty products, garments, kitchenware, bed and bath linen, home appliances and others. The Company offers its products under various categories, such as bed and bath, dairy and frozen, fruits and vegetables, crockery, toys and games, kidsâ apparel, ladiesâ garments, apparel for men, home and personal care, daily essentials, grocery, and staples. DMart operates approximately 324 stores and has a presence across Maharashtra, Gujarat, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, and Chhattisgarh.
Avenue Supermarts Limited Announces Audited Standalone Earnings Results for the Fourth Quarter and Full Year and Consolidated Earnings Results for the Year Ended March 31, 2019