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Avenue Supermarts consolidated net profit rises 52.56% in the March 2021 quarter

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Capital Market

Sales rise 18.47% to Rs 7411.68 crore

Net profit of Avenue Supermarts rose 52.56% to Rs 413.88 crore in the quarter ended March 2021 as against Rs 271.29 crore during the previous quarter ended March 2020. Sales rose 18.47% to Rs 7411.68 crore in the quarter ended March 2021 as against Rs 6255.93 crore during the previous quarter ended March 2020.

For the full year,net profit declined 15.49% to Rs 1099.49 crore in the year ended March 2021 as against Rs 1301.08 crore during the previous year ended March 2020. Sales declined 2.92% to Rs 24143.06 crore in the year ended March 2021 as against Rs 24870.20 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales7411.686255.93 18 24143.0624870.20 -3 OPM %8.276.67 -7.228.56 - PBDT648.52437.82 48 1897.612119.18 -10 PBT543.56333.25 63 1483.451744.77 -15 NP413.88271.29 53 1099.491301.08 -15

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First Published: May 08 2021 | 6:09 PM IST

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