Avenue Supermarts Q2 Results: PAT drops over 9% YoY to Rs 623 crore even as revenue jumps 19%

The company which operates DMart reported a consolidated revenue from operations at Rs 12,624 crore which was up by 18.66% from Rs 10,638.33 reported by the company in Q2FY23. On a sequential basis, the revenue grew 6.4% from Rs 11,865.44 crore in the June 2023 quarter. EBITDA margin for the quarter was 8%, down from 8.4% in Q2FY23.

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