Department Stores company Avenue Supermarts announced Q2FY25 & H1FY25 results: H1FY25 Financial Highlights: Total Revenue stood at Rs 27,762 crore, YoY growth of 16.2% EBITDA of Rs 2,326 crore; YoY growth of 14.1% PAT stood at Rs 1,523 crore; YoY growth of 12.5%, Basic EPS for H1FY25 stood at Rs 23.41, as compared to Rs 20.82 for H1FY24 12 stores were added in H1FY25 Q2FY25 Financial Highlights: Consolidated: Total Revenue for the quarter ended September 30, 2024 stood at Rs 14,445 crore, as compared to Rs 12,624 crore in the same period last year. Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) in Q2FY25 stood at Rs 1,094 crore, as compared to Rs 1,005 crore in the corresponding quarter of last year. EBITDA margin stood at 7.6% in Q2FY25 as compared to 8.0% in Q2FY24. Net Profit stood at Rs 659 crore for Q2FY25, as compared to Rs 623 crore in the corresponding quarter of last year. PAT margin stood at 4.6% in Q2FY25 as compared to 4.9% in Q2FY24. Basic Earnings per share (EPS) for Q2FY25 stood at Rs 10.14, as compared to Rs 9.58 for Q2FY24. Standalone: Total Revenue for the quarter ended September 30, 2024 stood at Rs 14,050 crore, as compared to Rs 12,308 crore in the same period last year. Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) in Q2FY25 stood at Rs 1,105 crore, as compared to Rs 1,002 crore in the corresponding quarter of last year. EBITDA margin stood at 7.9% in Q2FY25 as compared to 8.1% in Q2FY24. Net Profit stood at Rs 710 crore for Q2FY25, as compared to Rs 659 crore in the corresponding quarter of last year. PAT margin stood at 5.0% in Q2FY25 as compared to 5.3% in Q2FY24. Basic Earnings per share (EPS) for Q2FY25 stood at Rs 10.92, as compared to Rs 10.12 for Q2FY24. Commenting on the performance of the company Neville Noronha, CEO & Managing Director, Avenue Supermarts, said: “Overall H1FY25 like-for-like revenue growth was 7.4% for 2 years and older stores. The Q2FY25 like-for-like revenue growth for the same cohort of stores was at 5.5%. We clearly see the impact of online grocery formats including DMart Ready in large metro DMart stores which operate at a very high turnover per square feet of revenue. DMart Ready business grew by 21.8% in H1FY25.” Result PDF