InvestorQ : Has Avenue Supermarts already reported quarterly numbers for the December quarter?
Katherine Gonsalves made post

Has Avenue Supermarts already reported quarterly numbers for the December quarter?

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rhea Babu answered.
4 months ago
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D-Mart, the retail brand of Avenue Supermarts, reported standalone revenues of Rs.9,065 crore for Dec-21 quarter. That represents a 46% spike on yoy basis. However, these are not the quarterly results declaration, which should happen after the 10-Jan of this month. This is just an indicative idea of the total top line revenues to get an idea of growth. Other profit figures will only be declared in the quarterly results announcement.

Also, it must be noted that these numbers are subject to confirmation by the statutory auditors. In the December 2021, D-Mart added 17 stores to take its store count to 263. The stock, despite rich valuations, is up nearly 61% in calendar 2021. Avenue Supermarts is majority owned by star investor, Radhakishan Damani. D-Mart has continuously focused on squeezing inventory acquisition costs and passing on to the consumers.

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