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DMart Q3 net profit grows by 5%, with revenue increasing by 17.7%
The Business Guardian
|January 13, 2025
Avenue Supermarts, one of the largest food and grocery retailers in India branded as DMart, declared its standalone and consolidated financial results for the quarter and three quarters that ended in December 2024.
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Avenue Supermarts, one of the largest food and grocery retailers in India branded as DMart, declared its standalone and consolidated financial results for the quarter and three quarters that ended in December 2024. According to the earnings data released Saturday, the retailer’s consolidated net profit rose 4.9 per cent to Rs 724 crore. In the same quarter of last year, the net profit was Rs 690 crore. Net profit margin stood at 4.5 per cent in the OctoberDecember quarter as compared to 5.1 per cent in the same quarter of last fiscal. Total Revenue for the quarter ended December stood at Rs 15,973 crore, as compared to Rs 13,572 crore in the same period last year, an increase of 17.7 per cent. Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) in Q3 stood at Rs 1,217 crore, as compared to Rs 1,120 crore in the corresponding quarter of last fiscal. EBITDA margin s
Dit verhaal komt uit de January 13, 2025-editie van The Business Guardian.
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