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Avenue Supermarts reports 16% rise in Q3 consolidated net profit

11 Jan 2021 Evaluate

Avenue Supermarts has reported results for third quarter ended December 31, 2020.

The company has reported 19.27% rise in its net profit of Rs 470.25 crore for the quarter under review as compared to net profit of Rs 394.26 crore for the same quarter in the previous year. Total income of the company marginally increased by 10.70% at Rs 7481.89 crore for Q3FY21 as compared Rs 6758.88 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 16.39% rise in its net profit attributable to Equity holders of Rs 446.97 crore for the quarter under review as against net profit of Rs 384.04 crore for the same quarter in the previous year. Total income of the company increased by 11.33% at Rs 7587.32 crore for Q3FY21 as compared Rs 6815.00 crore for the corresponding quarter previous year.

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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