D-Mart Q1 Revenue Jumps 18.4% to Rs 13,712 cr
By Rediff Money Desk, New Delhi Jul 02, 2024 20:02
Avenue Supermarts Ltd, owner of D-Mart, reported an 18.36% rise in revenue to Rs 13,711.87 crore for the June quarter. The company now has 371 stores, including one temporarily closed in Rajkot.
![D-Mart Q1 Revenue Jumps 18.4% to Rs 13,712 cr](https://im.rediff.com/money/2021/aug/19dmart.jpg)
Illustration: Dominic Xavier/Rediff.com
New Delhi, Jul 2 (PTI) Avenue Supermarts Ltd, which owns and operates the retail chain D-Mart, has reported an 18.36 per cent increase in standalone revenue from operations to Rs 13,711.87 crore for the June quarter.
The company had a revenue from operations of Rs 11,584.44 crore in the year-ago period, Avenue Supermarts informed the BSE in a regulatory filing on Tuesday.
"Standalone revenue from operations for the quarter ended (QE) June 30, stood at Rs 13,711.87 crore," Avenue Supermarts said.
The total number of stores as of June 30 stood at 371. This also includes one store in Rajkot, Gujarat, which is temporarily closed for customers, it added.
The Damani family-promoted company also added the "standalone revenue from operations for QE June 30, 2024 given above is subject to limited review by the statutory auditors of the company."
In the April-June quarter of FY23, Avenue Supermarts' standalone revenue was at Rs 9,806.89 crore.
Promoted by Radhakishan Damani and his family, DMart retails basic home and personal products across markets, including Maharashtra, Gujarat, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, Chhattisgarh, the National Capital Region, Tamil Nadu, Punjab, and Rajasthan.
The company had a revenue from operations of Rs 11,584.44 crore in the year-ago period, Avenue Supermarts informed the BSE in a regulatory filing on Tuesday.
"Standalone revenue from operations for the quarter ended (QE) June 30, stood at Rs 13,711.87 crore," Avenue Supermarts said.
The total number of stores as of June 30 stood at 371. This also includes one store in Rajkot, Gujarat, which is temporarily closed for customers, it added.
The Damani family-promoted company also added the "standalone revenue from operations for QE June 30, 2024 given above is subject to limited review by the statutory auditors of the company."
In the April-June quarter of FY23, Avenue Supermarts' standalone revenue was at Rs 9,806.89 crore.
Promoted by Radhakishan Damani and his family, DMart retails basic home and personal products across markets, including Maharashtra, Gujarat, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, Chhattisgarh, the National Capital Region, Tamil Nadu, Punjab, and Rajasthan.
Source: PTI
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