₹0.77 in the June quarter from ₹5.37 in the same period last year. True, earnings were hit due to the unprecedented crisis that followed in the wake of covid-19 pandemic, which led to a sharp drop in footfalls and impacted sales, especially those of non-essential products.In that context, the 34% year-on-year decline in June quarter revenues isn’t too surprising.
While announcing its March quarter results, Avenue had indicated how revenues for April and the first fortnight of May had panned out.