D-Mart's Q4 net up 7.8% to Rs 460 cr, revenue rises 20.5% to Rs 10,594 cr
Avenue Supermarts Ltd, which owns and operates the retail chain D-Mart, on Saturday reported an increase of 7.81 per cent in its consolidated net profit at Rs 460.10 crore for the fourth quarter ended March 31, 2023.
The company had posted a net profit of Rs 426.75 crore in the January-March quarter a year ago, said Avenue Supermarts in a BSE filing.
Its revenue from operations was up 20.57 per cent to Rs 10,594.11 crore during the quarter under review as against Rs 8,786.45 crore in the corresponding quarter last fiscal.
Avenue Supermarts' total expenses were at Rs 10,002.21 crore, up 21.82 per cent in Q4/FY 23, as against Rs 8,210.13 crore in the corresponding quarter.
Total income of Avenue Supermarts in the March quarter was at Rs 10,627.18 crore, up 20.5 per cent.
For the fiscal year ended March 2023, Avenue Supermarts's net profit was up 59.36 per cent at Rs 2,378.34 crore. It had reported a net profit of Rs 1,492.40 crore in the previous fiscal.
Its consolidated revenue fr