Avenue Supermarts Limited Announces Unaudited Standalone and Consolidated Earnings Results for the Quarter Ended June 30, 2019
July 13, 2019 at 03:42 am EDT
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Avenue Supermarts Limited announced unaudited standalone and consolidated earnings results for the quarter ended June 30, 2019. For the quarter, on standalone basis, total income was INR 57,924.7 million against INR 45,736.7 million a year ago. Net profit after tax was INR 3,353.1 million against INR 2,506.1 million a year ago. Basic Earnings per share (of INR 10 each) (not annualized) was INR 5.37 against INR 4.02 a year ago. Diluted earnings per share (of INR 10 each) (not annualized) was INR 5.30 against INR 3.96 a year ago.
For the quarter, on consolidated basis, total income was INR 58,255.1 million against INR 45,893.6 million a year ago. Net profit after tax was INR 3,230.6 million against INR 2,449.8 million a year ago. Basic Earnings per share (of INR 10 each) (not annualized) was INR 5.18 against INR 3.93 a year ago. Diluted earnings per share (of INR 10 each) (not annualized) was INR 5.11 against INR 3.87 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 
