The consolidated results of the company show that total revenue for the first half of the current financial year (H1FY25) stood at Rs 28,514 crore
Marking a 7.9 per cent year-on-year (YoY) growth in the second quarter of the current financial year, Avenue Supermarkets or ASL (DMart) has posted a net profit (profits after tax or Pat) of Rs 710 crore in Q2FY25 on a standalone basis. As per the company’s financial results, the total revenue for the quarter stood at Rs 14,050 crore on a standalone basis, while the consolidated results showed the total revenue at Rs 14,445 crore in Q2FY25.
The total revenue of the company registered a YoY growth of 14.2 per cent during the quarter, while the standalone results highlighted that the earnings before interest, taxes, depreciation and amortisation (EBITDA) stood at Rs 1,105 crore, a YoY growth of 10.3 per cent. The company added six stores in the quarter, taking the total number of operating stores to 377.
The EBITDA margin stood at 7.9 per cent in Q2FY25 as compared to 8.1 per cent in Q2FY24, while the Pat margin stood at 5.0 per cent in Q2FY25 as compared to 5.3 per cent in Q2FY24.
As far as the company’s consolidated results are concerned, the total Revenue for Q2FY25 stood at Rs 14,445 crore. EBITDA in Q2FY25 stood at Rs 1,094 crore, as compared to Rs 1,005 crore in the corresponding quarter of last year. EBITDA margin stood at 7.6 per cent in Q2FY25 as compared to 8.0 per cent in Q2FY24.
Net profit stood at Rs 659 crore for Q2FY25, as compared to Rs 623 crore during the same period a year ago. Pat margin stood at 4.6 per cent in Q2FY25 as compared to 4.9 per cent in Q2FY24. Basic earnings per share (EPS) for Q2FY25 stood at Rs 10.14, as compared to Rs 9.58 for Q2FY24.
“Overall H1 FY 2025 like-for-like revenue growth was 7.4 per cent for two years and older stores. The Q2 FY 2025 like-for-like revenue growth for the same cohort of stores was at 5.5 per cent. We clearly see impact of online grocery formats including DMart Ready in large metro DMart stores which operate at a very high turnover per square feet of revenue. DMart Ready business grew by 21.8 per cent in H1 FY 2025,” stated Neville Noronha, Chief Executive Officer (CEO) and Managing Director, ASL.
The consolidated results of the company show that total revenue for the first half of the current financial year (H1FY25) stood at Rs 28,514 crore, as compared to Rs.24,490 crore in the same period last year. Net Profit stood at Rs 1,433 crore for H1FY25, as compared to Rs 1,282 crore in H1FY24. Pat margin stood at 5.0 in H1FY25 as compared to 5.2 in H1FY24.
EBITDA in H1FY25 stood at Rs 2,315 crore, as compared to Rs 2,040 crore during H1FY24. EBITDA margin stood at 8.1 per cent in H1FY25 as compared to 8.3 per cent in H1FY24. EPS for H1FY25 stood at Rs 22.03 as compared to Rs 19.72 for H1FY24.
