Avenue Supermarts Limited — Updates, 11-01-2025: Press Release

Standalone total revenue increased by 17.5% to Rs. 15,565 crore for Q3FY25, with EBITDA growing 10.2% to Rs. 1,235 crore. Net profit rose 6.5% to Rs. 785 crore, reflecting a basic EPS of Rs. 12.06, up from Rs. 11.32 a year prior. Over the nine months, total revenue was Rs. 43,327 crore, a 16.7% increase, while EBITDA stood at Rs. 3,561 crore, up 12.7%. PAT for the period reached Rs. 2,307 crore, up 10.4% year-on-year, leading to a basic EPS of Rs. 35.47.

Avenue Supermarts also confirmed the addition of 10 stores this quarter, totalling 22 for the nine months. Looking ahead, the leadership transition was announced, with Neville Noronha stepping down as CEO in January 2026. Anshul Asawa, with extensive experience from Unilever, will assume the CEO role starting March 2025, positioning the company for future growth while building on Noronha's legacy of operational excellence and customer value. Investors should watch closely as this transition unfolds amidst the ongoing growth and strategic alignment in the competitive retail sector.