DMart operator Avenue Supermarts on Saturday reported 132% jump in standalone net profit at Rs 115 crore for the June quarter. It was Rs 50 crore in the year-ago period.
Total revenue rose 31% to Rs 5,032 crore as compared to Rs 3,833 crore in June 2020.
Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) in Q1FY22 stood at Rs 221 crore, as compared to Rs 109 crore in the corresponding quarter of last year. EBITDA margin stood at 4.4% in Q1FY22 as compared to 2.8% in Q1FY21.
Basic Earnings per share (EPS) for Q1FY22 stood at Rs 1.78, as compared to Rs 0.77 for Q1FY21.
“Revenues have …
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