Avenue Supermarts standalone net profit rises 47.45% in the March 2017 quarter
Sales rise 40.58% to Rs 3110.64 crore
Net profit of Avenue Supermarts rose 47.45% to Rs 96.67 crore in the quarter ended March 2017 as against Rs 65.56 crore during the previous quarter ended March 2016. Sales rose 40.58% to Rs 3110.64 crore in the quarter ended March 2017 as against Rs 2212.71 crore during the previous quarter ended March 2016.For the full year,net profit rose 51.82% to Rs 482.64 crore in the year ended March 2017 as against Rs 317.91 crore during the previous year ended March 2016. Sales rose 38.55% to Rs 11881.12 crore in the year ended March 2017 as against Rs 8575.18 crore during the previous year ended March 2016.
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