Avenue supermarts q1 profit rises to ₹7.43 billion.

Avenue Supermarts Limited

reported Q1 consolidated net profit of ₹7.43 billion, up from ₹6.85 billion year-on-year. Revenue stood at ₹196.44 billion versus ₹166.76 billion a year ago. Revenue grew about 18 percent while net profit increased roughly 8 percent. The results show continued growth in the retail business during the quarter. The key numbers are Q1 revenue of ₹196.44 billion and profit of ₹7.43 billion. This reflects steady expansion for the company. Peers such as Trent, V-Mart Retail and Shoppers Stop may face comparison on sales growth. Near-term prices could react to the numbers. Risks include higher costs or slower same-store sales. Competitors listed: Trent, V-Mart Retail, Shoppers Stop. We have no financial interest in this news.