The company’s consolidated income from activities increased 18.6% YoY to Rs 14,069.1 crore from Rs 11,865.4 crore in the previous year.
Avenue Supermarts, the company that runs the retail chain DMart Q1 Results, announced on July 13 that its consolidated net profit for the initial month of the financial year 2024–25 was Rs 773.8 crore, up by 17.5% from Rs 658.8 billion rupees in the same period the year prior. The company also reported an 18.6 percent YoY increase in its total income from operations, which was Rs 14,069.1 crore as opposed to Rs 11,865.4 crore the year before.
The consolidated earnings before passion, tax, depreciation, and amortisation (EBITDA) in Q1FY25 was Rs 1,221.3 crore, contrasted with Rs 1,035.3 crore in the same quarter the previous year. The EBITDA margin was 8.7% in Q1FY25, identical to last year Q1FY24, at Rs 13,712 billion as opposed to Rs 11,584 crore.
In Q1FY25, a standalone net profit rose 16.8% to Rs 812 crore from Rs 695 crore in the same period the previous year.
In comparison to the same quarter of last year, which ended on June 30, 2024, independent total revenue got by 18.3 percent to Rs 13,712 crores for Q1FY25.
Speaking about the company’s success, Avenue Supermarts Limited CEO and Managing Director Neville Noronha said, “Our revenue for Q1 FY 2025 increased by 18.4%.” The gross margin increased throughout the quarter due to an ongoing boost within the contribution from garments and general merchandise (Q1 FY 2025 versus Q1 FY 2024).
Over the quarter, we launched six new stores. On June 30, 2024, we had 371 stores overall. Operating costs have increased as a result of continuing efforts to improve service standards and develop for a long time capacity.
Avenue Supermarts witnessed a rise of Rs 56.35, or 1.15 percent, over the previous day when it completed at Rs 4,953.35 at the BSE on July 12.
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What is the DMart Q1 Results:
For the quarter that ended on June 30, 2024, Avenue Supermarts—the company which runs DMart stores—reported a standalone income of Rs 13,712 crore, up from Rs 11,584 billion in the same time the previous year. The difference versus last year is 18%.
How much has DMart Q1 Results revenue raised:
Relevant Articles. the store reported an overall profit of Rs 12,726.6 crore for the quarter ending in the previous year, a rise of 20 percent above Rs 10,594 crore. Net profit increased 6.6% to ₹2,536 crore for the entire year, while revenue climbed 18.6% to ₹42,840 crore.
What is DMart Q1 Results prediction:
Analysts expect that DMart Q1 Results will trade at 4,672.00 INR, with a maximum market value of 5,535.00 INR and a minimum value of 3,276.00 INR. In the interim, observe the AVENUE SUPERMARTS trading price chart and stay informed about current events by following DMART and the stock exchange news. See whether this prediction falls true in a year.
Why does DMart had such success:
Inventory turnover was given the greatest importance by DMart Q1 Results because it increases the amount of money each store can make when things sell out of the shelves more quickly. DMart’s items cycled four times faster on average than Big Bazaar’s.