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Avenue Supermarts reports 48% rise in Q2 consolidated net profit

Avenue Supermarts has reported results for second quarter ended September 30, 2019.

The company has reported 47.71% rise in its net profit at Rs 333.45 crore for the quarter under review as compared to Rs 225.74 crore for the same quarter in the previous year. Total income of the company increased by 21.93% at Rs 5,957.87 crore for Q2FY20 as compared Rs 4,886.38 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 47.54% in its net profit at Rs 322.63 crore for the quarter under review as compared to Rs 218.67 crore for the same quarter in the previous year. Total income of the company increased by 22.26% at Rs 5998.90 crore for Q2FY20 as compared Rs 4906.54 crore for the corresponding quarter previous year.

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