Avenue Supermarts Share Price Falls for the 2nd Straight Day; Down 2%

On December 11, 2024, Avenue Supermart’s share price traded 1.91% lower at ₹3,744.95 at noon on the NSE. The stock opened at ₹3,700, lower than ₹3,816.90 at the previous close. Avenue Supermart’s share price has dropped 0.34% over the last 5 days

Q2 FY25 Financial Highlights

In October, Avenue Supermarts (Dmart) reported a 5.77% increase in consolidated net profit, reaching ₹659.58 crore in Q2 FY25, compared to ₹623.56 crore in Q2 FY24.

Revenue from operations increased to ₹14,444.50 crore in Q2 FY25, up from ₹12,624.37 crore in the same period last 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 Q2 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.

About Avenue Supermarts

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. The company’s mission is to be the lowest-priced retailer in the regions they operate.

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