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2 min read | Updated on January 13, 2025, 08:32 IST
SUMMARY
Q3 results today: Reality company Marathon Nextgen Realty, carbon materials and chemicals manufacturer Himadri Speciality Chemical, wealth manager Anand Rathi Wealth, and confectionery maker Lotus Chocolate Company, among others, will also announce their results for the latest October-December quarter.
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Q3 results on January 13, 2024.
On Saturday, Avenue Supermarts Ltd, which runs the retail chain D-Mart, announced a 4.8% surge in its consolidated profit after tax to ₹723.54 crore for the quarter that ended December 2024. In the year-ago period, the company had posted a net profit of ₹690.41 crore.
"PAT margin stood at 4.5% in Q3 FY25 compared to 5.1% in Q3 FY24," the company said in its earnings statement.
Revenue from operations climbed 17.68% to ₹15,972.55 crore in the reporting quarter, compared to ₹13,572.47 crore in the same period last fiscal.
Neville Noronha, CEO and Managing Director of Avenue Supermarts, said, "The Q3 FY 2025 same-store revenue growth for 2 years and older stores was at 8.3 per cent. We continue to see the increased intensity in discounting in the FMCG category and the consequent impact to high turnover per square feet stores in metro towns".
Its total expenses grew 18.52% to ₹15,001.64 crore.
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