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Avenue Supermarts reports 24% rise in Q3 consolidated net profit

10 Jan 2022 Evaluate

Avenue Supermarts has reported results for third quarter ended December 31, 2021.

The company has reported a rise of 24.57% in its net profit at Rs 585.79 crore for the quarter under review as compared to Rs 470.25 crore for the same quarter in the previous year. Total income of the company increased by 21.59% at Rs 9,097.33 crore for Q3FY22 as compared Rs 7,481.89 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 23.62% in its net profit at Rs 552.53 crore for the quarter under review as compared to Rs 446.95 crore for the same quarter in the previous year. Total income of the company increased by 21.83% at Rs 9,243.72 crore for Q3FY22 as compared Rs 7,587.32 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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