'On consolidated basis
Quarter
ended June 2024 compared with Quarter ended June 2023.
Net sales (including other operating income) of Avenue Supermarts has increased
18.57% to Rs 14069.14 crore.
Operating profit margin has declined
from 8.73% to 8.68%, leading to 17.96% rise in operating profit to Rs 1,221.25
crore. Purchase of finished goods cost fell from 85.00% to 84.52%.
Employee cost increased from 1.72% to 1.88%. Other
expenses rose from 4.67% to 4.98%.
Other income rose 7.38% to Rs 41.6
crore. PBIDT rose 17.58% to Rs 1262.85 crore. Provision
for interest rose 9.54% to Rs 15.96 crore.
PBDT rose 17.69% to Rs 1246.89
crore. Provision for depreciation rose 18.86% to Rs 192.76
crore.
Profit before tax grew 17.48% to Rs
1,054.13 crore. Share of profit/loss were nil in both the
periods. Provision for tax was expense of Rs 280.45 crore, compared
...
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