Avenue Supermarts Limited. Q4 results show revenue fell/rise from 11,600.61 to 10,627.18 crores, a 8.39% decrease/increase in growth. EPS also dropped/rise from ₹9.10 to ₹7.10, down/up by 21.98%.
First, Let’s Begin with Quarter-on-Quarter Basis:
Avenue Supermarts Ltd. shared its Q4 results on Saturday. They earned 10,627.18 crores in revenue this quarter, but that’s less than the 11,600.61 crores they made last quarter. Unfortunately, the company’s growth decreased by 8.39 percent when comparing the two quarters.
In terms of profits, Avenue Supermarts Ltd’s PAT (Profit After Tax) for this quarter was 460.13 crores, down from 589.68 crores in the previous quarter. Their quarter-to-quarter growth declined by 21.97 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹7.10, which is a decrease of 21.98% from the ₹9.10 EPS in the previous quarter.
Also read: ☞ ” Navin Fluorine International Q4FY23 Results: Consolidated PAT Up at Rs 136.36 Cr “
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 42,968.90 crores this year (2023), which is 38.19 percent higher than last year’s total revenue of 31,093.76 crores.
This year’s PAT (Profit After Tax) is 2,378.51 crores, which is also 59.36% higher than last year’s PAT of 1,492.55 crores.
The EPS (Earnings Per Share) for this year is ₹36.72, which is 59.38% more than the EPS of ₹23.04 earned last year.
Avenue Supermarts Share Dividend Announcement / Record Date:
Not related to distributing a portion of a company’s earnings to shareholders in the form of cash or stock dividends. ( No Dividend Payout )
About Avenue Supermarts:
DMart, or Avenue Supermarts Limited, is an Indian retail corporation that manages a series of hypermarkets within the country. In 2002, the first DMart store was launched in Powai, Mumbai, by Radhakishan Damani, the company’s founder. As of December 2022, DMart has expanded its presence to 14 states in India with a total of 306 stores.
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