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Avenue Supermarts reports 17% rise in Q1 consolidated net profit

15 Jul 2024 Evaluate

Avenue Supermarts has reported results for first quarter ended June 30, 2024 (Q1FY25). 

The company has reported 16.84% fall in its net profit at Rs 812.45 crore for the quarter ended June 30, 2024 as compared to Rs 695.36 crore for the same quarter in the previous year. However, total income of the company increased by 18.34% at Rs 13763.82 crore for Q1FY25 as compared to Rs 11631.23 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 17.45% rise in net profit at Rs 773.68 crore for Q1FY25 as compared to Rs 658.71 crore for the same quarter in the previous year. Total income of the company increased by 18.54% at Rs 14110.74 crore for Q1FY25 as compared to Rs 11904.18 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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