Avenue Supermarts reported an 11.3 percent rise in consolidated net profit for the June quarter. Revenue from operations increased 14.9 percent year on year.
The company posted consolidated profit after tax of 860 crore rupees. Revenue from operations reached 18,795 crore rupees during the period.
EBITDA grew 15.4 percent compared with the same quarter last year. The EBITDA margin edged higher to 8 percent.
These figures cover the performance of DMart stores operated by Avenue Supermarts.
Tata Consumer Products posted a consolidated net profit of Rs 419 crore for the fourth quarter, marking a 21% increase from the previous year. Revenue from operations grew 18% year-over-year to Rs 5,434 crore.
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Sun Pharmaceutical Industries posted robust revenue and profit increases for the March quarter. The company noted pressure on EBITDA margins due to higher investments and reduced milestone income. Outlook for the next fiscal year points to steady but moderated expansion.
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