Avenue Supermarts Limited Reports Audited Standalone Earnings Results for the Quarter and Standalone and Consolidated Earnings Results for the Year Ended March 31, 2018
May 05, 2018 at 04:05 pm IST
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Avenue Supermarts Limited reported audited standalone earnings results for the quarter and standalone and consolidated earnings results for the year ended March 31, 2018. For the quarter, on standalone basis, the company reported total income of INR 38,248.671 million as compared to INR 31,204.992 million a year ago. Profit before tax was INR 2,496.911 million as compared to INR 1,514.761 million a year ago. Profit for the period attributable to equity holders of the parent was INR 1,670.986 million or INR 2.64 per diluted share (not annualized) as compared to INR 966.660 million or INR 1.68 per diluted share (not annualized) a year ago. EBITDA was INR 2,940 million as compared to INR 2,080 million a year ago.
For the year, on standalone basis, the company reported total income of INR 150,815.407 million as compared to INR 119,124.076 million a year ago. Profit before tax was INR 11,958.876 million as compared to INR 7,471.127 million a year ago. Profit for the period attributable to equity holders of the parent was INR 7,846.603 million or INR 12.41 per diluted share (not annualized) as compared to INR 4,826.385 million or INR 8.55 per diluted share (not annualized) a year ago. EBITDA was INR 13,370 million as compared to INR 9,640 million a year ago.
For the year, on consolidated basis, the company reported total income of INR 151,025.198 million as compared to INR 119,262.549 million a year ago. Profit before tax was INR 12,220.691 million as compared to INR 7,470.842 million a year ago. Profit for the period attributable to equity holders of the parent was INR 8,062.525 million or INR 12.76 per diluted share (not annualized) as compared to INR 4,787.523 million or INR 8.48 per diluted share (not annualized) a year ago.
Avenue Supermarts Limited is an India-based company, which is engaged in the business of organized retail and operating supermarkets under the D-Mart brand name. DMart is a supermarket chain that offers customers a range of products with a focus on the foods, non-foods fast-moving consumer goods (FMCG) and general merchandise and apparel product categories. Each DMart store stocks home utility products, including food, toiletries, beauty products, garments, kitchenware, bed and bath linen, home appliances and others. The Company offers its products under various categories, such as bed and bath, dairy and frozen, fruits and vegetables, crockery, toys and games, kidsâ apparel, ladiesâ garments, apparel for men, home and personal care, daily essentials, grocery, and staples. DMart operates approximately 324 stores and has a presence across Maharashtra, Gujarat, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, and Chhattisgarh.
Avenue Supermarts Limited Reports Audited Standalone Earnings Results for the Quarter and Standalone and Consolidated Earnings Results for the Year Ended March 31, 2018