Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, on Saturday reported a 5.8 per cent jump in its net profit to Rs 659.6 crore for the second quarter of the current financial year 2024-25 ended September 30. Its revenue during July-September 2024 increased 14.4 per cent to Rs 14,444.5 crore, compared with Rs 12,624.4 crore in the year-ago period.
DMart’s net profit had stood at Rs 623.6 crore in the corresponding period last year.
The Radhakrishna Damai-owned company’s Ebitda rose 29.3 per cent to Rs 1,093.8 crore in Q2 FY25, compared with Rs 846 crore a year ago. Ebitda stands for earnings before interest, tax, depreciation, and amortisation.
Shares of Avenue Supermarts on Friday fell Rs 34.1 or 0.74 per cent to close at Rs 4,572.35 apiece on the BSE.
