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Avenue Supermarts Reports 18% Rise in Q2 Revenue to Rs 14,050 Cr

By Business Desk

Avenue Supermarts, operator of D-Mart, reported an 18% increase in standalone revenue to Rs 14,050 crore for the quarter ended September 30, 2024.

Avenue Supermarts Ltd has announced a robust financial performance for the second quarter of the fiscal year, reporting a standalone revenue growth of 18%. The company generated standalone revenue of Rs 14,050 crore for the quarter ended September 30, 2024, up from Rs 11,865 crore reported in the corresponding quarter of the previous year.

Financial Highlights And Growth

  • Standalone revenue: Rs 14,050 crore
  • Revenue growth rate: 18%
  • Previous year comparative revenue: Rs 11,865 crore

The operator of the retail chain D-Mart noted that this growth highlights the retailer’s continued expansion and strong consumer demand across its store network. Avenue Supermarts Ltd operates the popular retail chain and continues to drive performance through its established store presence.

Operational Performance

The financial figures released for the quarter ended September 30, 2024, underscore the sustained momentum of the company in the retail market. Management pointed to consumer demand across its store network as a key driver for the performance during the second quarter of the fiscal year.

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