Avenue Supermarts Limited q2 profit rises to ₹7.43 billion

(DMART) reported Q2 consolidated net profit of ₹7.43 billion, up from ₹6.85 billion year-on-year. Revenue stood at ₹196 billion versus ₹167 billion a year ago. EBITDA rose to ₹13.93 billion from ₹12.1 billion. EBITDA margin was 7.1 percent compared with 7.3 percent previously. The results show steady growth in revenue and profit. The key numbers are Q2 profit of ₹7.43 billion, revenue of ₹196 billion and EBITDA margin of 7.1 percent. This reflects continued expansion for the retailer. Peers such as Trent, V-Mart Retail and Shoppers Stop may face comparison on sales growth. Near-term prices could react to the results. Risks include higher operating costs or slower same-store growth. Competitors listed: Trent, V-Mart Retail, Shoppers Stop. We have no financial interest in this news.