DMart Q1 Results: Ace investor Radhakishan Damani-backed Avenue Supermarts which operates the retail chain DMart, announced its April-June quarter results for fiscal 2024-25 (Q1FY25) on Saturday, July 13, reporting a rise of 17.5 per cent in consolidated net profit at ₹773.8 crore, compared to ₹658.8 crore in the corresponding period last year.
The hypermarket chain operator’s revenue from operations in the first quarter of current fiscal rose 18.6 per cent to ₹14,069 crore compared to ₹11,865.4 crore in the year-ago period.
On the operating level, the Mumbai-based company’s earnings before interest, tax, depreciation and amortization (EBITDA) rose 18 per cent to ₹1,221.3 crore, compared to ₹1,035.3 crore in same period last year. Margin stood at 8.68 per cent compared to 8.73 per cent in the year-ago period.