Updated Jan 09, 2021 | 15:42 IST
Radhakishan Damani-led chain of hypermarkets reported a profit of Rs 384 crore in the same quarter last year. Avenue Supermarts Q3 net profit rises 16% YoY to Rs 447 crore; Ebitda margin up at 9.1%
New Delhi: Avenue Supermarts, which owns the hyper retail chain DMart, reported 16% rise in consolidated net profit at Rs 447 crore in the December quarter. The Radhakishan Damani-led chain of hypermarkets reported a profit of Rs 384 crore in the same quarter last year.
PAT margin stood at 5.9% in Q3FY21 as compared to 5.6% in Q3FY20.
Earnings before Interest, Tax, Depreciation, and Amortization (EBITDA) in Q3FY21 stood at Rs.689 crore, as compared to Rs. 597 crore in the corresponding quarter of last year. EBITDA margin stood at 9.1% in Q3FY21 as compared to 8.8% in Q3FY20.