Avenue Supermarts Ltd's Q3FY25 Quarter Results
- 13 Jan 2025
Result Summary
- Avenue Supermarts Ltd reported a 10.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 17.6%.
- Its expenses for the quarter were up by 10.5% QoQ and 18.5% YoY.
- The net profit increased 9.7% QoQ and increased 4.8% YoY.
- The earnings per share (EPS) of Avenue Supermarts Ltd stood at 11.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 15996.69 | 14478.02 | 13605.39 | 10.5% | 17.6% |
Total Expenses | 15001.64 | 13574.83 | 12656.46 | 10.5% | 18.5% |
Profit Before Tax | 995.05 | 903.19 | 948.93 | 10.2% | 4.9% |
Tax | 271.51 | 243.75 | 258.52 | 11.4% | 5.0% |
Profit After Tax | 723.54 | 659.44 | 690.41 | 9.7% | 4.8% |
Earnings Per Share | 11.10 | 10.10 | 10.60 | 9.9% | 4.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Avenue Supermarts Ltd, operating under the widely recognized name 'D-Mart', is a prominent player in the Indian retail sector. The company operates a chain of hypermarkets across India, offering a diverse range of products such as food, toiletries, beauty products, garments, kitchenware, bed and bath linen, home appliances, and more. With a business model centered around offering value for money, D-Mart has consistently expanded its operations over the years, making it a key player in India's organized retail landscape.
Revenue
In Q3FY25, Avenue Supermarts reported a total income of ₹15,996.69 crores, which marks a 10.5% increase from the previous quarter (Q2FY25) when the total income stood at ₹14,478.02 crores. Comparing year-over-year, the total income in Q3FY24 was ₹13,605.39 crores, indicating a YoY growth rate of 17.6%. This consistent rise in total income implies a steady growth in the company's revenue streams, which could be attributed to a combination of factors such as new store openings, increased customer base, or improved sales per square foot.
Profitability
Looking at the company's profitability, the Profit Before Tax (PBT) for Q3FY25 was ₹995.05 crores, up by 10.2% from the previous quarter's ₹903.19 crores. When compared to the same quarter of the previous fiscal year (Q3FY24), which was ₹948.93 crores, the year-on-year growth stands at 4.9%. Post-tax, the Profit After Tax (PAT) for Q3FY25 was ₹723.54 crores, marking a quarter-over-quarter growth of 9.7% and a year-over-year growth of 4.8%.
Operating Metrics
The Earnings Per Share (EPS) for Q3FY25 was ₹11.10, up from ₹10.10 in Q2FY25, indicating a quarter-over-quarter growth of 9.9%. Compared to Q3FY24, when the EPS was ₹10.60, there is a year-over-year growth of 4.7%. This growth in EPS indicates that the company has been profitable for its shareholders. However, it should be noted that EPS growth can result from a reduction in outstanding shares or an increase in net income. The company's total expenses for Q3FY25 stood at ₹15,001.64 crores, up by 10.5% from the previous quarter and 18.5% from the same quarter last year. This could be attributed to increased operational costs or investments made for expansion.
