InvestorQ : I hold Avenue Supermarts and Affle in my portfolio, can you tell me about their latest quarterly numbers?
Anjana Aiyar made post

I hold Avenue Supermarts and Affle in my portfolio, can you tell me about their latest quarterly numbers?

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Khushi Patel answered.
1 year ago
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Let me talk about Avenue Supermarts (D-Mart) first. Sales for Q4FY22 were higher by 18.6% at Rs8,787 crore. D-Mart follows the EDLC-EDLP strategy which is about every day low cost and every day low price. This has ensured value delivery in tough times across its 284 stores.

However, the operations were impacted in the quarter due to the Omicron effect. Net profits were up 3.13% at Rs426.83 crore. Revenue per SFT has fallen in FY22 to Rs27,454, compared to last 4 years average of Rs32,000 plus. Net margins were 4.86% in Q4FY22

Let me turn to your query on Affle India. It reported 122.6% growth in sales for Q4FY22 at Rs315.08 crore. International revenues grew 79.9% at Rs211 crore while India revenues were up 49.5% at Rs108 crore.

Net cash from operations in the cash flow statement more than doubled to Rs206 crore due to lower trade receivables and higher trade payables. Net profits were up 17.02% at Rs68.47 crore in Q4FY22. Growth in international EBIT at 21.2% bettered growth in India EBIT at 16%. Inventory and data costs doubled in Q4FY22.

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