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Avenue Supermarts reports 2-fold jump in Q2 consolidated net profit

18 Oct 2021 Evaluate

Avenue Supermarts has reported results for second quarter ended September 30, 2021.

The company has reported 2-fold jump in its net profit at Rs 448.90 crore for the quarter under review as compared to net profit of Rs 210.55 crore for the same quarter in the previous year. Total income of the company increased by 45.67% at Rs 7682.63 crore for Q2FY22 as compared Rs 5273.96 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 2-fold jump in its net profit attributable to equity holders of Rs 417.79 crore for the quarter under review as against net profit of Rs 198.55 crore for the same quarter in the previous year. Total income of the company increased by 45.87% at Rs 7816.44 crore for Q2FY22 as compared Rs 5358.37 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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