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Avenue Supermarts reports 73% rise in Q4 net profit

07 May 2018 Evaluate

Avenue Supermarts has reported results for the fourth quarter and year ended March 31, 2018.

The company has reported a rise of 72.70% in its net profit at Rs 167.10 crore for the quarter ended March 31, 2018 as compared to Rs 96.76 crore for the same quarter in the previous year. Total income of the company increased by 22.57% at Rs 3824.87 crore for quarter under review as compared to Rs 3120.50 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a rise of 62.58% in its net profit at Rs 784.66 crore as compared to Rs 482.64 crore for the same period in the previous year. Total income of company increased 26.60% at Rs 15,081.54 crore for year under review as compared to Rs 11,912.41 crore for the period ended March 31, 2017.

Peers
Company Name CMP
Avenue Supermarts 3711.95
Trent 2772.20
Vishal Mega Mart 101.30
PN Gadgil Jewellers 609.10
Aditya Birla Life 82.36
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