DMart Q2 Outcomes: Avenue Supermarts Ltd, which owns and operates the retail chain D-Mart, on Saturday reported a 5.78 per cent enhance in its consolidated internet revenue to Rs 659.44 crore for the second quarter ended September 2024.
The corporate had posted a internet revenue of Rs 623.35 crore a 12 months in the past, in accordance with a regulatory submitting from Avenue Supermarts.
Its income from operations rose 14.41 per cent to Rs 14,444.50 crore through the quarter beneath overview. It was Rs 12,624.37 crore within the corresponding quarter of the final fiscal.
Avenue Supermarts’ complete bills within the September quarter elevated 14.94 per cent to Rs 13,574.83 crore.
The full earnings, which incorporates different earnings, surged 14.34 per cent to Rs 14,478.02 crore.
In the course of the quarter, D-Mart opened six new shops, taking its complete depend to 377 as of September 30, 2024.
Avenue Supermarts CEO & Managing Director Neville Noronha stated: “Total H1 FY 2025 like-for-like income development was 7.4 per cent for two years and older shops. The Q2 FY 2025 like-for-like income development for a similar cohort of shops was at 5.5 per cent”.
Promoted by Radhakishan Damani and his household, DMart retails primary dwelling and private merchandise throughout markets, together with Maharashtra, Gujarat, Telangana, Andhra Pradesh, Karnataka, Tamil Nadu, Madhya Pradesh, Rajasthan, Punjab, NCR, Chhattisgarh and Daman.