Avenue Supermarts Ltd. (D-Mart) has reported its financial results for Q2 and H1 FY25, showing steady growth. Key highlights for Q2 FY25 include:
- Standalone revenue increased by 14.2% year-over-year (YoY), reaching ₹14,050 crore.
- EBITDA grew by 10.3% YoY, amounting to ₹1,105 crore.
- PAT saw a 7.9% YoY growth, totaling ₹710 crore, with a basic EPS of ₹10.92.
- 6 new stores were added in Q2 FY25.
For H1 FY25, key figures are as follows:
- Total revenue rose by 16.2% YoY to ₹27,762 crore.
- PAT increased by 12.5% YoY, amounting to ₹1,523 crore, with an EPS of ₹23.41.
- 12 new stores were added in H1 FY25.
The company continues to maintain its “Everyday low cost – Everyday low price” strategy. CEO Neville Noronha highlighted a 7.4% revenue growth in older stores for H1 FY25 and a 21.8% growth in DMart Ready’s online grocery business. D-Mart now operates 377 stores across India with a total retail area of 15.8 million sq. ft.
