Avenue Supermarts Limited Announces Unaudited Standalone Earnings Results for the Second Quarter Ended September 30, 2018
October 13, 2018 at 05:42 am EDT
Share
Avenue Supermarts Limited announced unaudited standalone earnings results for the second quarter ended September 30, 2018. For the quarter, the company reported revenue from operations of INR 48,725.2 million compared with INR 35,069.2 million for the same period a year ago. Profit before tax was INR 3,490.5 million compared with INR 2,930.6 million for the same period a year ago. Net profit was INR 2,257.4 million or INR 3.56 per diluted share compared with INR 1,910.4 million or INR 3.02 per diluted share for the same period a year ago. EBIDTA was INR 3,900 million, year over year growth of 22.6%. Total income was INR 48,863.8 million compared with INR 35,281.3 million for the same period a year ago.
For the first half, the company reported revenue from operations of INR 94,319.4 million compared with INR 71,050.4 million for the same period a year ago. Profit before tax was INR 7,356.3 million compared with INR 5,610.7 million for the same period a year ago. Net profit was INR 4,763.5 million or INR 7.52 per diluted share compared with INR 3,658.1 million or INR 5.78 per diluted share for the same period a year ago. EBIDTA was INR 8,120 million, year over year growth of 30.8%. Total income was INR 94,600.5 million compared with INR 71,491.3 million 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 
