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Avenue Supermarts reports 17% rise in Q3 consolidated net profit

15 Jan 2024 Evaluate

Avenue Supermarts has reported results for third quarter ended December 31, 2023 (Q3FY24). 

The company has reported 14.94% rise in its net profit at Rs 736.82 crore for the quarter ended December 31, 2023 as compared to Rs 641.07 crore for the same quarter in the previous year. Total income of the company increased by 17.16% at Rs 13291.76 crore for Q3FY24 as compared Rs 11345.09 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 17.09% rise in net profit at Rs 690.41 crore for Q3FY24 as compared to Rs 589.64 crore for the same quarter in the previous year. Total income of the company increased by 17.28% at Rs 13605.39 crore for Q3FY24 as compared Rs 11600.61 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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