Avenue Supermarts Ltd, which owns and operates the retail chain D-Mart, on Saturday reported a 4.8 per cent rise in its consolidated net profit to Rs 723.54 crore for the third quarter ended December 2024.
The company had posted a net profit of Rs 690.41 crore a year ago, according to a regulatory filing by Avenue Supermarts.
Its revenue from operations rose 17.68 per cent to Rs 15,972.55 crore during the quarter under review. It was Rs 13,572.47 crore in the corresponding quarter of the last fiscal.
"PAT margin stood at 4.5 per cent in Q3 FY25 as compared to 5.1 per cent in Q3 FY24," Avenue Supermarts said in its earnings statement.
Its total expenses increased 18.52 per cent to Rs 15,001.64 crore.
Avenue Supermarts' total income, which includes other income, was Rs 15,996.69 crore, up 17.57 per cent in the December 2024 quarter.
Avenue Supermarts CEO and Managing Director Neville Noronha said, "The Q3 FY 2025 same-store revenue growth for 2 years and older stores was at 8.3 per