Avenue Supermarts zooms on reporting 3% rise in Q4 consolidated net profit
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Avenue Supermarts is currently trading at Rs. 3443.00, up by 208.05 points or 6.43% from its previous closing of Rs. 3234.95 on the BSE.
The scrip opened at Rs. 3272.00 and has touched a high and low of Rs. 3499.15 and Rs. 3185.10 respectively. So far 48587 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5899.90 on 18-Oct-2021 and a 52 week low of Rs. 2830.00 on 14-May-2021.
Last one week high and low of the scrip stood at Rs. 3657.40 and Rs. 3185.10 respectively. The current market cap of the company is Rs. 223125.99 crore.
The promoters holding in the company stood at 74.99%, while Institutions and Non-Institutions held 15.60% and 9.42% respectively.
Avenue Supermarts (Dmart) has reported results for fourth quarter and year ended March 31, 2022.
The company has reported a rise of 7.22% in its net profit at Rs 466.35 crore for the quarter under review as compared to Rs 434.95 crore for the same quarter in the previous year. Total income of the company increased by 17.53% at Rs 8,645.45 crore for Q4FY22 as compared Rs 7,355.68 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 3.11% in its net profit at Rs 426.75 crore for the quarter under review as compared to Rs 413.87 crore for the same quarter in the previous year. Total income of the company increased by 18.22% at Rs 8,819.02 crore for Q4FY22 as compared Rs 7,459.80 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported a rise of 38.69% in its net profit at Rs 1,616.17 crore as compared to Rs 1,165.31 crore for the previous year. Total income of the company increased by 27.08% at Rs 30,493.37 crore for year under review as compared to Rs 23,996.10 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported a rise of 35.74% in its net profit at Rs 1,492.40 crore as compared to Rs 1,099.43 crore for the previous year. Total income of the company increased by 27.75% at Rs 31,093.76 crore for year under review as compared to Rs 24,339.27 crore for year ended March 31, 2021.
