This compares favourably with Bloomberg consensus estimates of Rs 12,553 crore for the quarter under review. The company had already indicated in its quarterly update a month ago that standalone revenue had jumped nearly 20% to Rs 12,393 crore in Q4, which was ahead of the 17-18% revenue growth seen between Q1 and Q3FY24. In a statement following its results on Saturday, Neville Noronha, CEO and managing director, Avenue Supermarts, said that the March quarter saw an uptick in the contribution from general merchandise and apparel, which gives the company about 23% of its total sales. The retailer derives around 56% of its revenue from foods and 21% from non-food FMCG. Store additions at 24 outlets in Q4 were the highest addition in 12 months, with revenue per store growing 7% year-on-year to Rs 34 crore in the March quarter.