Avenue Supermarts Limited — Updates, 03-05-2025: Press Release
03-05-2025 | 05:04 pm
03-05-2025 | 05:04 pm
Avenue Supermarts Ltd has announced a board meeting on the financial results for the quarter and half-year. Q4 revenue rose 16.7% YoY to Rs 14,462 Cr, with PAT up 2.6% at Rs 620 Cr amid margin pressure from competition and wage inflation. The company added 28 stores in Q4, reaching 415 total, and plans 50 new stores in FY25. Brick-and-mortar stores faced margin softness, especially in metros, while non-metros outperformed. DMart Ready is restructuring its e-commerce focus on scalable metro home delivery, with profitability targeted over the medium term.
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