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Avenue Supermarts reports 7% rise in Q3 consolidated net profit

14 Jan 2023 Evaluate

Avenue Supermarts has reported results for third quarter ended December 31, 2022 (Q3FY23).

The company has reported a rise of 9.44% in its net profit at Rs 641.07 crore for the quarter under review as compared to Rs 585.79 crore for the same quarter in the previous year. Total income of the company increased 24.71% at Rs 11,345.09 crore for Q3FY23 as compared to Rs 9,097.33 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported rise of 6.72% in its net profit at Rs 589.64 crore for the quarter under review as compared to Rs 552.53 crore for the same quarter in the previous year. Total income of the company increased 25.50% at Rs 11,600.61 crore for Q3FY23 as compared to Rs 9,243.72 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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