D-Mart Q4 update: Avenue Supermarts' retail chain reports 20% rise in revenue to Rs 12,393.46 crore

D-Mart, a retail chain which is operated by Avenue Supermarts Ltd, has reported a 19.89 per cent rise in its standalone revenue from operations to Rs 12,393.46 crore for the fourth quarter of the financial year 2024 in comparison with Rs 10,337.12 crore in the January-March quarter in FY23.

"Standalone Revenue from operations for the quarter ended (QE) March 31, 2024, stood at Rs 12,393.46 crore," the company said while sharing an update at the end of the quarter.

Meanwhile, D-Mart's total number of stores stood at 365 as of March 31, 2024.

However, the Damani-family promoted company also added the "standalone revenue from operations for QE March 31, 2024, given above is subject to audit by the statutory auditors of the company".

In the January-March quarter of FY2021-22, Avenue Supermarts' standalone revenue was Rs 8,606.09 crore.

Promoted by Radhakishan Damani and his family, DMart retails basic home and personal products across markets, including Maharashtra, Gujarat, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, Chhattisgarh, NCR, Tamil Nadu, Punjab and Rajasthan.

Meanwhile, shares of Avenue Supermarts were trading at Rs 4,625.95 apiece, up 3.73 per cent on BSE on Thursday at 2.28 PM.

With agency inputs