Avenue Supermarts Ltd., the operator of D-Mart supermarkets, announced a 14% growth in standalone revenue from operations for Q2 FY25, reaching ₹14,050.32 crore. This marks an increase from ₹12,307.72 crore in the same quarter of the previous fiscal year. The company had reported revenue of ₹10,384.66 crore for the same period in FY23.
The company also reported revenue from operations amounting to ₹7,649.64 crore for the July–September quarter in FY22. Avenue Supermarts’ net profit grew by 17.5% in the first quarter of FY25, with revenue rising 18.6% during the period to ₹14,069 crore. The net profit for the quarter stood at ₹774 crore, up from ₹659 crore in the corresponding quarter last year.
As of September 30, Avenue Supermarts operates a total of 377 stores across India. During this quarter, the company opened six new stores.
Shares of Avenue Supermarts closed marginally lower by 0.24% at ₹4,942.60 on the NSE, compared to a 2.12% fall in