DMart profit jumps 52% to ₹414 crore in Q4 - The Hindu BusinessLine

DMart profit jumps 52% to ₹414 crore in Q4
May 09, 2021
Company says at least 80% of its operations were impacted due to Covid curbs
DMart has reported a 52 per cent growth in net profit to ₹414 crore in the fourth quarter of FY21 compared to a profit of ₹271 crore in the corresponding quarter last year. The company said that at least 80 per cent of its operations were impacted because of the Covid-19 restrictions.
Its revenue increased 18 per cent during the period to ₹7,411.68 crore.
Avenue Supermart’s earnings before interest, tax, depreciation and amortisation (EBITDA) in Q4FY21 stood at ₹613 crore, an increase of 47 per cent from ₹417 crore in the corresponding quarter of last year. The Retail chain’s expenses for FY21’s fourth quarter stood at ₹6,916.24 versus ₹5,957.53 same time last fiscal.

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