Avenue Supermarts has reported results for first quarter ended June 30, 2020.
The company has reported 85.22% fall in its net profit of Rs 49.56 crore for the quarter under review as against Rs 335.31 crore for the same quarter in the previous year. Total income of the company decreased by 32.94% at Rs 3884.57 crore for Q1FY21 as compared Rs 5792.47 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 87.59% fall in its net profit attributable to equity holders of the parent at Rs 40.09 crore for the quarter under review as against Rs 323.09 crore for the same quarter in the previous year. Total income of the company decreased by 32.47% at Rs 3933.78 crore for Q1FY21 as compared Rs 5825.51 crore for the corresponding quarter previous year.
