D-Mart December Quarter Result: Avenue Supermarts, owner of D-Mart supermarket chain, reported a 4.8 per cent year-on-year rise in consolidated net profit to Rs 723.54 crore in the October-December 2024 quarter. A year ago it was Rs 690.41 crore. The company said in a filing to the stock market on Saturday that its consolidated revenue from operations during the December quarter increased by 17.68 percent to Rs 15,972.55 crore as compared to a year ago. It was Rs 13,572.47 crore in the December 2023 quarter.
EBITDA (Earnings before Interest, Tax, Depreciation and Amortization) on a consolidated basis in the December 2024 quarter stood at Rs 1,217 crore. A year ago it was Rs 1,120 crore. EBITDA margin declined to 7.6 percent from 8.3 percent in the December 2023 quarter.
Net profit margin and expenses
Avenue Supermarts’ net profit margin stood at 4.5 percent, compared to 5.1 percent in the same quarter a year ago. The company’s total consolidated expenses stood at Rs 15,001.64 crore, an increase of 18.52 percent compared to a year ago. Avenue Supermarts’ total consolidated income (including other income) increased by 17.57 per cent year-on-year to Rs 15,996.69 crore in the December 2024 quarter.
One share of D-Mart is worth Rs 3685.70
Avenue Supermarts is the company of Radhakishan Damani. Its market cap is Rs 2.39 lakh crore. The share price on BSE is Rs 3685.70. The stock has fallen 24 percent in the last 6 months. The stock had created a 52-week high of Rs 5,484 on September 24, 2024. It has seen a decline of 8 percent in just one week. Promoters held 74.65 percent stake in Avenue Supermarts as of the end of September 2024.