Avenue Supermarts has reported results for fourth quarter (Q4) and year ended March 31, 2023.
The company has reported 8.33% rise in its net profit at Rs 505.21 crore for the quarter under review as compared to Rs 466.35 crore for the same quarter in the previous year. Total income of the company increased by 20.05% at Rs 10379.03 crore for Q4FY23 as compared to Rs 8645.45 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 7.81% rise in its net profit at Rs 460.10 crore for fourth quarter ended March 31, 2023 as compared to Rs 426.75 crore for the same quarter in the previous year. Total income of the company increased by 20.50% at Rs 10627.18 crore for Q4FY23 as compared to Rs 8819.02 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the company has reported 58.18% rise in its net profit at Rs 2556.40 crore as compared to Rs 1616.17 crore for the previous year. Total income of the company increased by 37.72% at Rs 41996.34 crore for year under review as compared to Rs 30493.37 crore for year ended March 31, 2022.
For the year ended March 31, 2023, on the consolidated basis, the company has reported 59.36% rise in its net profit at Rs 2378.34 crore as compared to Rs 1492.40 crore for the previous year. Total income of the company increased by 38.19% at Rs 42968.90 crore for year under review as compared to Rs 31093.76 crore for year ended March 31, 2022.
