Avenue Supermarts profit increased 397.50% in (Q2) FY 2020-21

Source

Team Infinities:

Avenue Supermarts Limited NSE Symbol:DMART, BSE Security Code:540376 has declared its 2nd(second) quarter un-audited Consolidated financial report from the month of July, 2020 to the month of September, 2020; for the fiscal year 2020-21.

Revenue Reported by Avenue Supermarts Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
53.58 39.34 59.97 92.92 118.24
Calculated Revenue of Avenue Supermarts Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
14.24 36.20%(Revenue Increase) 6.39 10.66%(Revenue Decrease) 25.32 21.41%(Revenue Decrease)

Revenue: Avenue Supermarts Limited's financial report shows that the company's revenue increased by 36.20% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for revenue increase of Rs.14.24 billions, as the company posted revenue of Rs.53.58 billions; in compare to previous quarter(April, 2020 - June, 2020) when the company reported revenue of Rs.39.34 billions.
The result also shows that the company's revenue decreased by 10.66% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for revenue decrease of Rs.6.39 billions; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted revenue of Rs.59.97 billions.
The company also reported that its revenue decreased by 21.41% in 6 months end(April, 2020 - September, 2020) for revenue decrease of Rs.25.32 billions, since the company reported revenue of Rs.92.92 billions; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted revenue of Rs.118.24 billions.

Gross Margin(%) Reported by Avenue Supermarts Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
11.65 18.69 2.28 14.63 8.10
Calculated Gross Margin(%) of Avenue Supermarts Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
7.04 37.65%(GM Decrease) 9.37 410.26%(GM Increase) 6.53 80.60%(GM Increase)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM decreased by 37.65% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for 7.04% GM decrease, as the company reported 11.65% GM; in compare to previous quarter(April, 2020 - June, 2020) when the company reported 18.69% GM.
The result also indicates, the company's GM increased by 410.26% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for 9.37% GM increase; in compare to corresponding quarter(July, 2019 - September, 2019) when the company reported 2.28% GM.
The company also reported that its GM increased by 80.60% in 6 months end(April, 2020 - September, 2020) for 6.53% GM increase, since the company reported 14.63% GM; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company reported 8.10% GM.

EBITDA Reported by Avenue Supermarts Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
3.82 1.63 5.26 5.45 11.34
Calculated EBITDA of Avenue Supermarts Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
2.19 134.36%(EBITDA Increase) 1.44 27.38%(EBITDA Decrease) 5.89 51.94%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA increased by 134.36% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EBITDA increase of Rs.2.19 billions, as the company posted EBITDA of Rs.3.82 billions; in compare to previous quarter(April, 2020 - June, 2020) when the company reported EBITDA of Rs.1.63 billions.
The result also shows that the company's EBITDA decreased by 27.38% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EBITDA decrease of Rs.1.44 billions; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted EBITDA of Rs.5.26 billions.
The company also reported that its EBITDA decreased by 51.94% in 6 months end(April, 2020 - September, 2020) for EBITDA decrease of Rs.5.89 billions, since the company reported EBITDA of Rs.5.45 billions; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted EBITDA of Rs.11.34 billions.

Profit and Loss Reported by Avenue Supermarts Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
1.99(Profit ) 0.40(Profit ) 3.23(Profit ) 2.39(Profit ) 6.46(Profit )
Calculated Profit and Loss of Avenue Supermarts Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
1.59 397.50%(Profit Increase) 1.24 38.39%(Profit Decrease) 4.07 63.00%(Profit Decrease)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's profit increased by 397.50% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for profit increase of Rs.1.59 billions, as the company posted profit of Rs.1.99 billions; in compare to previous quarter(April, 2020 - June, 2020) when the company reported profit of Rs.0.40 billion.
The result also shows that the company's profit decreased by 38.39% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for profit decrease of Rs.1.24 billions; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted profit of Rs.3.23 billions.
The company also reported that its profit decreased by 63.00% in 6 months end(April, 2020 - September, 2020) for profit decrease of Rs.4.07 billions, since the company reported profit of Rs.2.39 billions; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted profit of Rs.6.46 billions.

EPS Reported by Avenue Supermarts Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
3.07 0.62 5.17 3.68 10.35
Calculated EPS of Avenue Supermarts Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
2.45 395.16%(EPS Increase) 2.10 40.62%(EPS Decrease) 6.67 64.44%(EPS Decrease)

EPS /Earning per Share: The company's financial report shows that the company's EPS increased by 395.16% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EPS increase of Rs.2.45, as the company posted EPS of Rs.3.07; in compare to previous quarter(April, 2020 - June, 2020) when the company reported EPS of Rs.0.62.
The result also shows that the company's EPS decreased by 40.62% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EPS decrease of Rs.2.10; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted EPS of Rs.5.17.
The company also reported that its EPS decreased by 64.44% in 6 months end(April, 2020 - September, 2020) for EPS decrease of Rs.6.67, since the company reported EPS of Rs.3.68; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted EPS of Rs.10.35.

Assets Reported by Avenue Supermarts Limited for Second Quarter FY, 2020-21
Details Non-current Assets Current Assets
Current Year Ended(September, 2020) Previous Year End(March, 2020) Current Year Ended(September, 2020) Previous Year End(March, 2020)
Reported 100.63 97.29 23.64 23.48
  Change Change % Change Change %
Calculated 3.34 3.43%(Assets Increase) 0.16 0.68%(Assets Increase)

Assets:The company reported its non-current assets increased by 3.43% in current quarter(September, 2020) for non-current assets increase of Rs.3.34 billions, since the company reported net non-current assets of Rs.100.63 billions; in compare to previous year end(March, 2020) when the company reported net non-current assets of Rs.97.29 billions.
The balance sheet of the company also shows that, its current assets increased by 0.68% in current quarter(September, 2020) for current assets increase of Rs.0.16 billion, as the company reported net current assets of Rs.23.64 billions; against previous year end(March, 2020) when the company reported net current assets of Rs.23.48 billions.

Liabilities Reported by Avenue Supermarts Limited for Second Quarter FY, 2020-21
Details Non-current Liabilities Current Liabilities
Current Year Ended(September, 2020) Previous Year End(March, 2020) Current Year Ended(September, 2020) Previous Year End(March, 2020)
Reported 3.05 2.70 8.01 7.26
  Change Change % Change Change %
Calculated 0.35 12.96%(Liabilities Increase) 0.75 10.33%(Liabilities Increase)

Liabilities:The company reported its non-current liabilities increased by 12.96% in current quarter(September, 2020) for non-current liabilities increase of Rs.0.35 billion, since the company reported net non-current liabilities of Rs.3.05 billions; in compare to previous year end(March, 2020) when the company reported net non-current liabilities of Rs.2.70 billions.
The balance sheet of the company also shows that, its current liabilities increased by 10.33% in current quarter(September, 2020) for current liabilities increase of Rs.0.75 billion, as the company reported net current liabilities of Rs.8.01 billions; against previous year end(March, 2020) when the company reported net current liabilities of Rs.7.26 billions.

 


***All amounts are given in Billion Indian Rupees(INR) except EPS (Earnings per share) which are in Indian Rupees(INR) only.***
Gross Margin=Total Revenue from Operations -(Cost of Materials Consumed + Purchases of stock-in-trade - Changes in inventories of finished goods, work-in-progress and stock-in-trade).
Gross Margin%=(Gross Margin / Total Revenue from Operations)*100.
EBITDA=Commission/Interest + Depreciation and Amortization + Tax + Profit/Loss (PAT).
1 Lac = 100,000.
1 Million = 10 Lacs.
1 Crore = 10 Millions.
1 Crore = 100 Lacs.
1 Billion = 1000 Millions.
1 Billion = 100 Crores.

 

Add new comment

Comment Editor

  • No HTML tags allowed.