Avenue Supermarts Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 20.13 % in YoY and decreased by 6.23 % in QoQ

The comprehensive analytics outlining the performance and outlook of Avenue Supermarts Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Avenue Supermarts Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 20.13 %. However, it did see a marginal slip of -6.23 % from the previous quarter. Expenses decreased slightly by -5.38 % quarter-on-quarter, aligning with the annual rise of 19.96 %. Operating profit, while up 22.31 % compared to last year, faced a quarter-on-quarter dip of -15.74 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.13 %, but a shrinkage of -0.84 % sequentially. Other income rose by 15.04 % compared to the last quarter, despite an annual growth of 14.51 %. Interest expenses dropped significantly by -7.77 % from the previous quarter, yet the year-over-year decrease remains at a moderate -13.59 %. Depreciation costs climbed by 8.22 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 24.87 %. Profit before tax grew annually by 22.12 % but saw a reduction from the preceding quarter by -19.57 %.
Tax expenses as a percentage of profits decreased slightly by -0.17 % compared to last year, with a more notable quarter-on-quarter decrease of -1.03 %. Net profit rose by 22.4 % year-on-year but witnessed a -18.43 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 21.97 % but a quarterly fall of -18.46 %. In summary, Avenue Supermarts Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Avenue Supermarts Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 20.13 % year-on-year growth, although there was a slight dip of -6.23 % from the previous quarter. Expenses rose by 19.96 % compared to the previous year, with a decrease of -5.38 % quarter-on-quarter. Operating Profit surged by 22.31 % annually, and saw a -15.74 % decrease from the last quarter.
Net Profit showed yearly increase of 22.4 %, and experienced a -18.43 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 21.97 % annually, however dipped by -18.46 % compared to the last quarter. In essence, while Avenue Supermarts Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.