On December 19, 2024, Avenue Supermart’s share price traded flat at ₹3,514.55 against its previous close. The share price dropped to day’s low of ₹3,458, also a new 52-week low. Since December 6, 2024, Avenue Supermarts’ share price has dropped from ₹3,805.55 to ₹3,516.80 on December 19, 2024. This represents a decrease of approximately 7.58%.
In October, Avenue Supermarts (DMart) reported an uptick in consolidated net profit, reaching ₹659.58 crore in Q2 FY25, compared to ₹623.56 crore in the same quarter the previous year.
On a sequential basis, the company’s consolidated net profit declined by 15.32% from ₹771.47 crore in Q1 FY25, while revenue from operations grew by 2.66% from ₹14,069.14 crore in the previous quarter.
Earnings before interest, tax, depreciation, and amortisation (EBITDA) stood at ₹1,094 crore in the July-September quarter of FY25, reflecting a growth of 8.85% compared to ₹1,005 crore in Q2 FY24.
The EBITDA margin decreased to 7.6% in Q2 FY25, down from 8% in the corresponding quarter last year.
Revenue from operations increased to ₹14,444.50 crore in Q2 FY25, up from ₹12,624.37 crore in the same period last year.
The supermarket chain of DMart stores is owned and operated by Avenue Supermarts Ltd. DMart is a one-stop supermarket chain that aims to offer customers a wide range of basic home and personal products under one roof. Each DMart store stocks home utility products – including food, toiletries, beauty products, garments, kitchenware, bed and bath linen, home appliances and more.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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