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Standalone PAT dives 8% YoY to Rs 710 crore, revenue up 14%, ET Retail

.Agent imageAvenue Supermarts, which opeartes DMart stores stated an 8% year-on-year enter its September fourth standalone net profit at Rs 710.37 crore versus Rs 658.54 crore reported in the year ago time frame. Income from function stood at Rs 14,050.32 crore, which was actually up by 14% over Rs 12,307.72 crore mentioned by the company in the year ago period.However, earnings after tax for the declared one-fourth was lower by over 12% coming from Rs 812.45 crore mentioned by the company in the April-June fourth. Meanwhile, profits experienced a sequential uptick over Rs 13,711.87 crore posted in Q1FY25.On a combined manner, revenue through stood up at Rs 659 crore which was actually up through 5.6% versus Rs 624 crore mentioned in the year ago period.The combined income in the noted one-fourth stood up at 14,444 crore which was much higher through 14% versus Rs 12,624 crore mentioned in Q2FY24.Other crucial takeawaysEarnings Prior to Benefit, Taxes, Loss Of Value and Amortisation (EBITDA) stood up at Rs 1,105 crore which increased 10.3% YoY. The business included 6 outlets resided in Q2FY25 dab margin stood at 5% in Q2FY25 as compared to 5.3% in Q2FY24. Basic Earnings every portion (EPS) for Q2FY25 stood at Rs.10.92, as contrasted to Rs.10.12 for Q2FY24.Total earnings for H1FY25 stood up at Rs 27,762 crore, as matched up to Rs 23,892 crore in the same duration last year. EBITDA in H1FY25 stood up at Rs 2,326 crore, as reviewed to Rs 2,038 crore in the course of H1FY24. EBITDA frame stood up at 8.4% in H1FY25 as compared to 8.5% in H1FY24.
Released On Oct 12, 2024 at 03:33 PM IST.




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