Avenue Supermarts Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2021
May 08, 2021 at 03:21 am EDT
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Avenue Supermarts Limited announced earnings results for the fourth quarter ended March 31, 2021. For the fourth quarter, the company announced total revenue was INR 74,598 million compared to INR 62,907.8 million a year ago. Net income was INR 4,138.8 million compared to INR 2,712.9 million a year ago. Basic earnings per share from continuing operations was INR 6.39 compared to INR 4.25 a year ago. Diluted earnings per share from continuing operations was INR 6.34 compared to INR 4.21 a year ago. For the full year, total revenue was INR 243,392.7 million compared to INR 249,301.9 million a year ago. Net income was INR 10,994.9 million compared to INR 13,010.8 million a year ago. Basic earnings per share from continuing operations was INR 16.97 compared to INR 20.71 a year ago. Diluted earnings per share from continuing operations was INR 16.85 compared to INR 20.55 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 
