Tag: avenue supermarts results

  • Avenue Supermarts shares soar almost 11% as Q2 revenue rises two-fold

    Shares of Avenue Supermarts on Monday jumped almost 11 per cent after the corporate reported a two-fold improve in its consolidated internet revenue for the second quarter ended September 2021.
    The inventory zoomed 10.69 per cent to its 52-week excessive of Rs 5,899.90 on BSE.
    On NSE, it rallied 10.82 per cent to its 52-week excessive of Rs 5,900.
    Avenue Supermarts, which owns and operates retail chain D-Mart, on Saturday reported a two-fold improve in its consolidated internet revenue to Rs 417.76 crore for the second quarter ended September 2021.

    The firm had posted a internet revenue of Rs 198.53 crore within the July-October quarter a 12 months in the past, Avenue Supermarts stated in a BSE submitting.
    Its income from operations was up 46.79 per cent to Rs 7,788.94 crore in the course of the quarter underneath overview as in opposition to Rs 5,306.20 crore within the corresponding quarter of the final fiscal.
    Total bills have been at Rs 7,248.74 crore, up 43.63 per cent within the second quarter of 2021-22 as in opposition to Rs 5,046.69 crore of the year-ago quarter.
    “Total revenue for H1FY22 stood at Rs 12,972 crore, as compared to Rs 9,189 crore in the same period last year,” the corporate stated.

  • Avenue Supermarts shares leap almost 6% after Q3 earnings

    Shares of Avenue Supermarts gained almost 6 per cent in early commerce on Monday after the agency reported a rise of 16.39 per cent in its consolidated internet revenue for the third quarter ended December 2020.
    The inventory jumped 5.47 per cent to Rs 3,130.05 — its one-year excessive — on BSE.
    On NSE, it rallied 5.71 per cent to its one-year excessive of Rs 3,137.

    Avenue Supermarts, which owns and operates retail chain D-Mart, on Saturday reported a rise of 16.39 per cent in its consolidated internet revenue at Rs 446.95 crore for the third quarter ended December 2020.
    The firm had posted a internet revenue of Rs 384.01 crore within the October-December quarter a yr in the past, Avenue Supermarts stated in a BSE submitting.

    Its income from operations was up 10.77 per cent at Rs 7,542 crore through the quarter underneath evaluate as in opposition to Rs 6,808.93 crore within the corresponding quarter final fiscal.