Avenue Supermarts has reported results for first quarter ended June 30, 2022.
The company has reported around 6-fold jump in its net profit at Rs 679.64 crore for the quarter under review as compared to Rs 115.13 crore for the same quarter in the previous year. Total income of the company increased by 94.24% at Rs 9,843.80 crore for Q1FY23 as compared Rs 5,067.96 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported around 7-fold jump in its net profit at Rs 642.89 crore for the quarter under review as compared to Rs 95.36 crore for the same quarter in the previous year. Total income of the company increased by 93.06% at Rs 10,067.21 crore for Q1FY23 as compared Rs 5,214.58 crore for the corresponding quarter previous year.