Avenue Supermarts Ltd, which owns and operates the retail chain D-Mart, on Saturday reported a 4.8 per cent rise in its consolidated net profit to Rs 723.54 crore for the third quarter ended December 2024.
The company had posted a net profit of Rs 690.41 crore a year ago, according to a regulatory filing by Avenue Supermarts.
Its revenue from operations rose 17.68 per cent to Rs 15,972.55 crore during the quarter under review. It was Rs 13,572.47 crore in the corresponding quarter of the last fiscal.
"PAT margin stood at 4.5 per cent in Q3 FY25 as compared to 5.1 per cent in Q3 FY24," Avenue Supermarts said in its earnings statement.
Its total expenses increased 18.52 per cent to Rs 15,001.64 crore.
Avenue Supermarts' total income, which includes other income, was Rs 15,996.69 crore, up 17.57 per cent in the December 2024 quarter.
Avenue Supermarts CEO and Managing Director Neville Noronha said, "The Q3 FY 2025 same-store revenue growth for 2 years and older stores was at 8.3 per

D-Mart

Whole-time member Ananth Narayan addressed concerns of 'pump & dump'

SEBI

Foxconn halts deployment of Chinese workers to India, replacing them with Taiwanese staff amid delays in critical equipment shipments

Foxconn

Leader of Opposition VD Satheesan stated that the Congress party would conduct its own internal investigation alongside the police inquiry

Suicide

Banks executed NDF trades worth more than $161 billion at the offshore hub, a sharp rise of 140 per cent from a year ago, data from Clearing Corporation of India showed

trading

Rapid economic growth in India has wrought a fundamental shift in attitude towards luxury purchases among its younger generations

Mercedes,Mercedes logo

Subrahmanyan's '90-hour workweek' formula is one step ahead of Infosys founder Narayan Murthy's suggestion of working 70-hours a week

SN Subrahmanyan

L&T Chairman SN Subrahmanyan's controversial call for working Sundays, featuring a misogynistic joke, sparked backlash from figures like Deepika Padukone, Harsh Goenka

S N Subrahmanyan

Veteran writer, poet and filmmaker Pritish Nandy breathed his last on Wednesday at the age of 73

Pritish Nandy

The AAP national convener claimed that the BJP does not intend to build houses for the slum dwellers

Kejriwal, Arvind Kejriwal

The Congress on Sunday promised to give Rs 8,500 to educated unemployed youths in Delhi for one year if it comes to power in Delhi.
The financial assistance will be provided under a scheme called the 'Yuva Udaan Yojana' and it is not free, AICC general secretary Sachin Pilot said at a press conference.
"We will provide financial assistance to youths who can show their skills in a company, factory or organisation. They will get money through these companies. This is not a scheme under which one will get money while sitting at home," Pilot said.
"We will try that people are absorbed in those fields where they have received training... so that they can... improve their skill set," he added.
On January 6, the Congress announced 'Pyaari Didi Yojana', promising a monthly financial assistance of Rs 2,500 for women if it is voted to power.
On January 8, the party announced 'Jeevan Raksha Yojana' under which it promised to provide free health insurance of up to Rs 25 lakh.
Polling for the

Sachin Pilot

The security forces on Sunday intensified sanitization efforts and area domination exercise in Kashmir, a day ahead of Prime Minister Narendra Modi's visit to the valley for inauguration of the strategically important Z-Morh tunnel in Ganderbal district, officials said.
The deployment of security personnel has been increased in the vulnerable areas and dozens of checkpoints have been set up at important intersections in various districts to ensure that anti-national elements are not able to move around freely, they said.
The officials said that random checking and frisking of people and vehicles, including two-wheelers, has been intensified while patrolling is also taking place.
"Security has been tightened near the Z-Morh tunnel. Multi-layered security arrangements have been put in place and the PM's security team, comprising the SPG personnel, has taken over the venue," they said.
The prime minister is likely to address a public rally after the inauguration of the tunnel at ...

Modi, Narendra Modi

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

Displaying categorized search results for Harper Collins

Latest News

In this section

All

Delhi polls: Within 5 yrs, slums in Delhi will be demolished, says Kejriwal

Delhi polls: Cong promises Rs 8,500 to unemployed youth if voted to power

PM to inaugurate Z-Morh tunnel on Jan 13, security beefed up in Kashmir

Most Popular

Read

Shared

Commented

DMart Q3FY25 results: Avenue Supermarts net profit up 4.8% at Rs 723.4 cr

Sebi 'watchful' of manipulative practices, trades in index heavyweights

Foxconn halts Chinese workers' deployment to India, sends Taiwanese staff

Displaying categorized search results for Harper Collins Advance Search