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Business News: D-Mart Q3 net profit rises 23.6 pc to Rs 552.53 cr

D-Mart Q3 net profit rises 23.6 pc to Rs 552.53 cr : Rashtra News #DMart #net #profit #rises The company had posted a net profit of Rs 446.95 crore in the same quarter a year ago, Avenue Supermarts said in a BSE filing. Avenue Supermarts, which owns and operates retail chain D-Mart, on Saturday reported

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Avenue Supermarts FY21 net profit falls 13.7% to Rs 1,165 crore

Avenue Supermarts FY21 net profit falls 13.7% to Rs 1,165 crore For January-March quarter, the company s net profit zoomed 51.6 per cent to Rs 435 crore, while total revenue also grew 17.9 per cent to Rs 7,303 crore. BusinessToday.In | May 8, 2021 | Updated 22:15 IST Avenue Supermarts said significant disruptions have been seen from March 2021 onwards in its store operations. Avenue Supremarts, which owns and operates retail chain D-Mart, reported a 13.7 per cent year-on-year decline in net profit at Rs 1,165 crore for financial year 2020-21, hit by the coronavirus pandemic. While total revenue declined 3.6 per cent to Rs 23,787 crore, earnings before interest, tax, depreciation and amortisation (EBITDA) also fell 17.9 per cent to Rs 1,742 crore in FY21. EBITDA margin contracted to 7.3 per cent in FY21 as against 8.6 per cent in FY20.

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