Interim report
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11th July, 2025 To, BSE Limited Corporate Services Department Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 The National Stock Exchange of India Ltd. Corporate Communications Department “Exchange Plaza”, 5 th Floor, Bandra – Kurla Complex, Bandra (East), Mumbai – 400 051 BSE Scrip Code: 540376 NSE Scrip Symbol: DMART Sub: Proceedings of the Board Meeting held on 11 th July, 2025 as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Dear Sir/ Madam, With reference to the captioned subject, we here by inform that the Board of Directors of the Company at their meeting held on 11 th July, 2025, inter-alia other matters, have approved the Un-audited Standalone & Consolidated Financial Statement for quarter ended on 30 th June, 2025 along with the Limited Review Report issued by S R B C & Co LLP, Chartered Accountants, Statutory Auditors of the Company in accordance with Regulation 33 of the SEBI (Listing Obligation and Disclo sure Requirements) Regulations, 2015 and the same is attached herewith. The said meeting commenced at 5.00 p.m. and concluded at 6.10 p.m. This is for your information and record. Thanking you. Yours faithfully, For Avenue Supermarts Limited Ashu Gupta Company Secretary & Compliance Officer Encl: As above
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12th Floor, The Ruby SR BC & CO LLP 29 Senapati Bapat Marg Dadar (West) Chartered Accountants Mumbai - 400 028, India Toi: +912268198000 Independent Auditor's Review Report on the Quarterly Unaudited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors Avenue Supermarts Limited 1. We have reviewed the accompanying statement of unaudited standalone financial results of Avenue Supermarts Limited (the "Company") for the quarter ended June 30, 2025 (the "Statement") attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). 2. The Company's Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Company's Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ('Ind AS') specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For S R B C & CO LLP Chartered Accountants ICAI Firm registration number: 324982E/E300003 w� per Vikram Mehta Partner Membership No.: 105938 UDIN: 25105938BMMMUP9109 Thane, July 11, 2025 Page 1 of 1 SR BC & CO LLP, a Limited Liability Partnership with LLP Identity No. AAB-4318 Regd. Office: 22, Camac Street, Block 'B', 3rd Floor. Kolkata-700 016
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D1 Mart® Avenue Supermarts Limited CIN : L51900MH2000PLC126473 Regd. Office: Anjaneya CHS limited, Orchard Avenue, Opp. Hiranandani Foundation School, Powai, Mumbai 400 076 Unaudited standalone financial results for the quarter ended 30th June, 2025 Sr. No. Particulars 1 Income a) Revenue from operations b) Other income Total income 2 Expenses a) Purchases of stock-in-trade b) Change in inventories of stock-in-trade c) Employee benefits expense d) Finance costs e) Depreciation and amortisation expense f) Other expenses Total expenses 3 Profit before tax 4 Tax expenses Current tax Deferred tax charge Tax in respect of earlier period / year 5 Net profit after tax 6 Other comprehensive profit/(loss) (net of tax) 7 Total comprehensive income for the period/ year 8 Paid-up equity share capital (Face Value - if10/- per share) 9 Other equity (excluding revaluation reserves) 1 O Earnings per share (of if10/- each) (not annualised): a) Basic in if b) Diluted in if StGNEO FOR IDENTIFICATION BY \)-v' SR 8 C & CO LLP MUMBAI Quarter ended 30th June, 2025 (Unaudited) 15,932.12 34.13 15,966.25 13,477.51 122.32 301.79 26.62 209.58 717.18 14,855.00 1,111.25 278.45 3 07 829.73 (1.97) 827.76 650.73 12.75 12.72 Quarter ended 31st March, 2025 (Refer Note 5) (Audited) 14,462.39 39.13 14,501.52 12,800.42 (286.22) 267.89 15.99 216.02 698.90 13,713.00 788.52 198.17 6.65 (36.01) 619.71 3.60 623.31 650.73 9.52 9.50 (if in Crores, unless otherwise stated) Quarter ended 30th June, 2024 (Unaudited) 13,711.87 51.95 13,763.82 11,755.85 (87.86) 231.12 13.19 171.01 591.72 12,675.03 1,088.79 274.06 2.28 812.45 (2.05) 810.40 650.73 12.49 12.46 Year ended 31st March, 2025 (Audited) 57,789.81 174.02 57,963.83 50,698.32 (1,082.02) 1,013.26 57.75 775.82 2,617.53 54,080.66 3,883.17 970.89 21.11 (36.01) 2,927.18 (7.33) 2,919.85 650.73 21,579.44 44.98 44.87
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Notes:- 1 The above standalone financial results have been prepared in accordance with Indian Accounting Standards as prescribed under Section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting standards) Rules as amended from time to time and other relevant provisions of the Act. 2 The above standalone financial results have been reviewed and recommended by the Audit Committee and have been approved and taken on record by the Board of Directors at its meeting held on 11th July, 2025. 3 The limited review as required under Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 has been completed by the auditors of the Company. 4 The Company is primarily engaged in the business of retail trades through offline channels. There are no separate reportable segment as per IND AS 108 - Operating Segments 5 The standalone figures of the March quarter are the balancing figure between the audited figures in respect of the full financial year upto 31st March, 2025 and the unaudited year-to-date figures upto 31st December, 2024 being the date of the end of the third quarter of the financial year which were subjected to limited review. 6 Previous year/ quarter figures are regrouped and rearranged wherever necessary. Place: Thane Date: 11th July, 2025 SIGNEO FOR IDENTIFICATWN BY � SR BC & CO LLP MUMBAI For and on behalf of the Board of Directors of nue Supermarts Limited �k Ignatius Navi�nha EO & Managing Director DIN: 01787989
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SR BC & CO LLP Chartered Accountants 12th Floor, The Ruby 29 Senapati Bapat Marg Dadar (West) Mumbai - 400 028, India Tel: +9122 6819 8000 Independent Auditor's Review Report on the Quarterly Unaudited Consolidated Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors Avenue Supermarts Limited 1. We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of Avenue Supermarts Limited (the "Holding Company") and its subsidiaries (the Holding Company and its subsidiaries together referred to as "the Group"), for the quarter ended June 30, 2025 (the "Statement") attached herewith, being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). 2. The Holding Company's Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Holding Company's Board of Directors . Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the Circular No. CIR/CFD/CMDl/44/2019 dated March 29, 2019 issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable. 4. The Statement includes the results of the following entities: Parent Company: i. Avenue Supermarts Limited Subsidiaries: i. Avenue E-commerce Limited ii. Align Retail Trades Private Limited iii. Nahar Seth & Jogani Developers Private Limited iv. Avenue Food Plaza Private Limited v. Reflect Healthcare and Retail Private Limited Page 1 of 2 SR BC & CO LLP, a Limited Liability Partnership with LLP Identity No. AAB-4318 Regd. Office: 22, Camac Street Block 'B', 3rd Floor. Ko1kata·700 016
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SR BC & CO LLP Chartered Accountants Avenue Supermarts Limited Limited review reports for Consolidated Financial Results 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ('Ind AS') specified under Section 133 of the Companies Act, 2013, as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 6. The accompanying Statement includes the unaudited interim financial results and other financial information, in respect of 3 subsidiaries, whose unaudited interim financial results include total revenues of Rs 80.49 crore, total net profit after tax of Rs. 1.57 crore, total comprehensive income of Rs. 1.56 crore, for the quarter ended June 30, 2025, as considered in the Statement which have not been reviewed by their respective independent auditors. These unaudited interim financial results and other unaudited financial information of the these subsidiaries have not been reviewed by their auditors and have been approved and furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the affairs of these subsidiaries, is based solely on such unaudited interim financial results and other unaudited financial information. According to the information and explanations given to us by the Management, these interim financial results are not material to the Group. Our conclusion on the Statement in respect of matters stated in para 6 above is not modified with respect to our reliance on the work done and the financial results certified by the Management. For S R B C & CO LLP Chartered Accountants ICAI Firm registration number: 324982E/E300003 per Vikram Mehta Partner Membership No.: 105938 UDIN: 25105938BMMMUQ5093 Thane, July 11, 2025 Page 2 of 2
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D t Mart ® Avenue Supermarts Limited CIN: L51900MH2000PLC126473 Regd. Office . Anjaneya CHS limited, Orchard Avenue, Opp. Hiranandani Foundation School, Powai, Mumbai 400 076 Unaudited consolidated financial results for the quarter ended 30th June,2025 (fin Crores, unless otherwise stated) Sr. No. 1 2 3 4 5 6 7 8 9 10 11 12 Particulars Income a) Revenue from operations b) Other income Total income Expenses a) Purchases of stock-in-trade b) Change in inventories of stock-in-trade c) Employee benefits expense d) Finance costs e) Depreciation and amortisation expense f) Other expenses Total expenses Profit before tax Tax expenses Current tax Deferred tax charge/( credit) Tax in respect of earlier period/ year Net profit after tax Other comprehensive profit/(loss) (net of tax) Total comprehensive income for the period / _year Profit/(loss) for the period / year Attributable to: Equity holders of the Company Non-controlling interests Total comprehensive income for the period / year Attributable to: Equity holders of the Company Non-controlling interests Paid-up equity share capital (Face Value -�10/- per share) Other equity (excluding revaluation reserves) Earnings per share (of �10/- each) (not annualised): a) Basic in� b) Diluted in � :�GNEO FO . R VTIFICATION s Re\/� co LLP MUMBAI Quarter ended 30th June, 2025 !Unaudited I 16,359.70 19.43 16,379.13 13,732.15 122.83 346.86 29.30 231.70 858.82 15,321.66 1,057.47 280.65 4.01 - 772.81 (2.35) 770.46 772.81 772.97 (0.16) 770.46 770.62 (0.16) 650.73 11.88 11.85 Quarter ended 31st Quarter ended Year ended March, 2025 30th June,2024 31st March,2025 (Refer Note 6) !Audited I (Unaudited) (Audited) 14,871.86 14,069.14 59,358.05 25.05 41.60 124.31 14,896.91 14,110.74 59,482.36 13,074.61 11,974.01 51,668.76 (308.83) (98.15) (1,117.06) 309.60 266.23 1,165.90 18.96 15.96 69.45 240.86 192.76 869.52 841.41 705.80 3,153.12 14,176.61 13,056.61 55,809.69 720.30 1,054.13 3,672.67 200.31 277.55 983.47 5.22 2.90 17.76 (36.02) - (36.01) 550.79 773.68 2 707.45 4.10 (2.35) (8.81) 554.89 771.33 2 698.64 550.79 773.68 2,707.45 550.90 773.82 2,708.02 (0.11) (0.14) (0.57) 554.89 771.33 2,698.64 555.00 771.47 2,699.21 (0.11) (0.14) (0.57) 650.73 650.73 650.73 20,777.02 8.47 11.89 41.61 8.45 11.86 41.50
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Notes:- 1 The above consolidated financial results have been prepared in accordance with Indian Accounting Standards as prescribed under Section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting standards) Rules as amended from time to time and other relevant provisions of the Act. 2 The above consolidated financial results have been reviewed and recommended by the Audit Committee and have been approved and taken on record by the Board of Directors at its meeting held on 11th July,2025. 3 The limited review as required under Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 has been completed by the auditors of the Group. 4 As at 30th June,2025, the Holding Company has the following subsidiaries: Subsidiaries Avenue E-commerce Limited Align Retail Trades Private Limited Avenue Food Plaza Private Limited Reflect Healthcare and Retail Private Limited Nahar Seth & Jogani Developers Private Limited The Holding Company has investment in FP Ampere Energy Private Limited (investee) w.e.f 24th October,2024, which by share ownership is deemed to be an Associate Company. Since the Holding Company does not exercise significant influence or control on decisions of the investee, it is not being construed as an Associate Company and therefore it has not been consolidated in the financial results of the Group. 5 The Group is primarily engaged in the business of retail trades through offline and online channels. There are no separate reportable segment as per IND AS 108 - Operating Segments. 6 The consolidated figures of the March quarter are the balancing figure between the audited figures in respect of the full financial year upto 31st March, 2025 and the unaudited year-to-date figures upto 31st December, 2024 being the date of the end of the third quarter of the financial year which were subjected to limited review. 7 Previous year/ quarter figures are regrouped and rearranged wherever necessary. Place: Thane SIGNED FOR IDENTIFICATION BY .. w S R B c'8J CO LlP MUMBAI Date: 11th Jul 2025 For and on behalf of the Board of Directors of venue Supermarts Limited --� �k .,,>t:- V f/ Ignatius Navil Noronha CEO & Managing Director DIN: 01787989