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Avenue Supermarts reports marginal rise in Q1 consolidated net profit

15 Jul 2023 Evaluate

Avenue Supermarts has reported results for first quarter ended June 30, 2023 (Q1FY24). 

Avenue Supermartshas reported 2.31% rise in its net profit at Rs 695.36 crore for the quarter under review as compared to Rs 679.64 crore for the same quarter in the previous year. Total income of the company increased by 18.16% at Rs 11,631.23 crore for Q1FY24 as compared Rs 9,843.80 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 2.46% rise in its net profit at Rs 658.71 crore for the quarter ended June 30, 2023 as compared to Rs 642.89 crore for the same quarter in the previous year. Total income of the company increased by 18.25% at Rs 11,904.18 crore for Q1FY24 as compared Rs 10,067.21 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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