DMart Q3 Results: Avenue Supermarts net profit rises 4.7% to ₹723 crore, revenue up 17.6% YoY
3 days, 16 hours ago

DMart Q3 Results: Avenue Supermarts net profit rises 4.7% to ₹723 crore, revenue up 17.6% YoY

Live Mint  

DMart Q3 Results: Ace investor Radhakishan Damani-backed Avenue Supermarts, which operates the retail chain DMart, announced its October-December quarter results for fiscal 2024-25 on Saturday, January 11, reporting a rise of 4.79 per cent in consolidated net profit at ₹723.72 crore, compared to ₹690.61 crore in the corresponding period last year. The hypermarket chain operator's revenue from operations in the third quarter of the current fiscal year rose 17.68 per cent to ₹15,972.55 crore, compared to ₹13,572.47 crore in the year-ago period. The company's total expenses in the October-December quarter rose 18.52 per cent to ₹15,001.64 crore from ₹12,656.46 crore in the same period last year. On the operational front, the retail chain's earnings before interest, taxes, depreciation, and amortization in the December quarter rose 8.7 per cent to ₹1,217.3 crore, compared to ₹1,119.9 crore in the year-ago period.

Crore Cent Neville Noronha Net Profit Home Delivery Supermarts Dmart Quarter Compared Dmart Q3 Results  quarter  compared  delivery  cent  ceo  results  neville  yoy  revenue  q3  net  noronha  rises  supermarts  dmart  profit  crore

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DMart share price in focus post Q3 results: Avenue Supermart net profit rises 4.7% missing estimates
Trending News
2 days, 3 hours ago

DMart share price in focus post Q3 results: Avenue Supermart net profit rises 4.7% missing estimates

Live Mint  

Stock Market Today: Ace investor Radhakishan Damani-backed Avenue Supermarts, which operates the retail chain DMart, reported its Q3 results over the weekend. Analyst views: Jefferies India Pvt Ltd post Q3 results said that DMart reported an acceleration in SSSG but EBITDA margins came below expectations due to weaker mix. Category trends signal higher growth in foods partially due to cost …

DMart Q3 net profit rises around 5%, revenue soars 17.7%
3 days, 2 hours ago

DMart Q3 net profit rises around 5%, revenue soars 17.7%

Live Mint  

New Delhi, January 12 : Avenue Supermarts, one of the largest food and grocery retailers in India branded as DMart, declared its standalone and consolidated financial results for the quarter and three quarters that ended in December 2024. According to the earnings data released Saturday, the retailer's consolidated net profit rose 4.9 per cent to ₹724 crore. Net profit margin …

Avenue Supermarts CEO Neville Noronha steps down after 20-year stint at DMart, Unilever’s Anshul Asawa to be new chief
3 days, 15 hours ago

Avenue Supermarts CEO Neville Noronha steps down after 20-year stint at DMart, Unilever’s Anshul Asawa to be new chief

Live Mint  

DMart leadership transition: Avenue Supermarts, which operates the retail chain DMart, announced a top-level management reshuffle and leadership transition on Saturday, January 11, after CEO and Managing Director Neville Noronha stepped down from his position after an illustrious stint spanning over two decades. DMart leadership transition: Anshul Asawa to replace Neville Noronha Anshul is expected to take over as the …

Avenue Supermarts Q3 Results Preview: DMart Q3 net profit seen up 15%, revenue growth at 17% YoY on store expansion
4 days, 21 hours ago

Avenue Supermarts Q3 Results Preview: DMart Q3 net profit seen up 15%, revenue growth at 17% YoY on store expansion

Live Mint  

Avenue Supermarts Ltd, the DMart retail chain operator, is set to announce its Q3 results on January 11. Ace investor Radhakishan Daman-owned Avenue Supermarts is expected to report decent revenue growth in Q3FY25 led by store expansion and improvement in store metric. In its Q3 business update, Avenue Supermarts said its standalone revenue from operations stood at ₹15,565.23 crore, recording …

Avenue Supermarts share: DMart shares dip as exchange seeks clarification on Friday stock rise
1 week, 1 day ago

Avenue Supermarts share: DMart shares dip as exchange seeks clarification on Friday stock rise

Live Mint  

Stock market today: Avenue Supermarts, the owner of retail chain DMart, witnessed a decline of nearly 2% in its stock on Monday, January 6 amid a weak market mood and as stock market exchange BSE sought clarification from the company regarding the movement in volumes. DMart on January 2, post-market hours, posted a strong provisional update for the third quarter …

D-Mart Q1: Parent Firm Avenue Supermarts Sees 17.5 Per Cent Rise In Net Profit, Revenue Climbs Over 18 Per Cent
6 months ago

D-Mart Q1: Parent Firm Avenue Supermarts Sees 17.5 Per Cent Rise In Net Profit, Revenue Climbs Over 18 Per Cent

ABP News  

Avenue Supermarts Ltd, the operating company of retail chain D-Mart, on Saturday reported a surge in its net profit in the April-June quarter in the current 2024-25 fiscal year. The company clocked a gain of 17.45 per cent in the consolidated net profit at Rs 773.68 crore during the first quarter of the ongoing fiscal year, against a net profit …

DMart Q1 Results: Net Profit Rises 17.5% To Rs 773.8 Crore, Revenue Up 18.6%
6 months ago

DMart Q1 Results: Net Profit Rises 17.5% To Rs 773.8 Crore, Revenue Up 18.6%

News 18  

Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, on Saturday reported a 17.5 per cent jump in its net profit to Rs 773.8 crore for the first quarter of the current financial year 2024-25. Its revenue during April-June 2024 increased 18.6 per cent to 18.6 per cent to Rs 14,069.1 crore, compared with Rs 11,865.4 crore in the …

c's Avenue Supermarts Up 4% After CLSA Initiates Buy; Check Target Price
9 months, 3 weeks ago

c's Avenue Supermarts Up 4% After CLSA Initiates Buy; Check Target Price

News 18  

Avenue Supermarts shares rose 4.4 per cent on Thursday to hit a 52-week high of Rs 4,238 on the NSE after CLSA initiated coverage on the DMart operator with a buy rating for a price target of Rs 5,107. Avenue Supermarts saw its shares rise for the third consecutive session on March 20, with weekly performance consistently ending positively over …

DMart Q2FY24 results declared. Total revenue jumps 18.5% to ₹12,308 crore
1 year, 3 months ago

DMart Q2FY24 results declared. Total revenue jumps 18.5% to ₹12,308 crore

Live Mint  

DMart results Q2FY24: Avenue Supermart Ltd has declared its July to September 2023 quarterly numbers today. Company's EBITDA margin stood at 8.1% in Q2FY24 as compared to 8.6% in Q2FY23. Speaking on Q2 results 2023 of the company, Neville Noronha, CEO & Managing Director, Avenue Supermarts Limited said, "Q2 FY 2024 saw revenue growth of 18.5% as compared to the …

DMart Q1 Results: Net profit rises 2 % to ₹659 crore, revenue up 18 %
1 year, 5 months ago

DMart Q1 Results: Net profit rises 2 % to ₹659 crore, revenue up 18 %

Live Mint  

DMart Q1FY24 Results: Ace investor Radhakishan Damani-backed Avenue Supermarts, which operates the retail chain DMart, announced its April-June quarter results for the current fiscal, reporting a consolidated net profit of ₹658.71 crore, up two percent from ₹642.89 crore in the year-ago period. The hypermarket chain operator reported an 18.2 per cent rise in consolidated revenue from operations at ₹11,865.44 crore, …

Radhakishan Damani’s DMart shares hit 6-month low. Time for bottom-finishing?
1 year, 11 months ago

Radhakishan Damani’s DMart shares hit 6-month low. Time for bottom-finishing?

Live Mint  

Radhakishan Damani portfolio stock DMart or Avenue Supermarts share price today hit 6 month low of ₹3645 apiece on NSE. DMart share price today opened lower in early morning deals and went on to hit intraday low within few minutes of stock market's opening bell on Monday. He advised shareholders of DMart shares to keep adding as the stock may …

DMart Q3: Profit up by 6.6% to ₹589.68 cr, revenue rises by 25%
2 years ago

DMart Q3: Profit up by 6.6% to ₹589.68 cr, revenue rises by 25%

Live Mint  

Avenue Supermarts on Saturday reported consolidated profit after tax rose by 6.7 per cent to ₹589.68 crore for the quarter ended December 2022. Radhakishan Damani-owned Avenue Supermarts, which runs DMart chain, reported revenue from operations were up by 25 per cent to ₹11,569.05 as against ₹9,217.76 in the corresponding quarter in last fiscal. Discretionary non-FMCG sales did not do as …

Avenue Supermarts Q3 revenue from operations rises by 24.7% to ₹11,304 cr
2 years ago

Avenue Supermarts Q3 revenue from operations rises by 24.7% to ₹11,304 cr

Live Mint  

Radhakishan Damani-owned Avenue Supermarts, which runs DMart chain, reported revenue from operations rose by 24.7 per cent to ₹11,304.58 for October-December quarter. The revenue in quarter ended September 2022 stood at ₹10,385 crore, which is an increase of 36 percent compared to ₹7,650 crore in September 2021 quarter. DMart chain of retail stores operator Avenue Supermarts reported a 62.7 percent …

Why DMart disappoints investors
2 years, 2 months ago

Why DMart disappoints investors

Live Mint  

Avenue Supermarts Ltd’s September quarter results announced on Saturday have failed to enthuse investors, leading to shares dropping 3.6%. View Full Image Yet to gther steam High gas prices: How India's gas economy works Invesco to sell 5.5% Zee stake for $169.5mn Shree Cement's good show fails to impress street The average basket values improved despite lower footfalls, which bodes …

Avenue Supermarts Q2 profit surges 63% to ₹730 crore
2 years, 2 months ago

Avenue Supermarts Q2 profit surges 63% to ₹730 crore

Live Mint  

DMart chain of retail stores operator Avenue Supermarts on 15 October reported a 62.7 percent rise in standalone post-tax profit of ₹730 crore for the quarter ended September 2022. In the financial results, released by the firm, the net revenue also came in higher at ₹10,385 crore for the second quarter, which is an increase of 36 percent compared to …

Radhakishan Damani-backed DMart rises over 29% in Q2FY23, Should you buy?
2 years, 3 months ago

Radhakishan Damani-backed DMart rises over 29% in Q2FY23, Should you buy?

Live Mint  

Radhakishan Damani-backed Avenue Supermart listed as DMart is expected to cross over the ₹5,100 mark probably by FY24-end. Analysts at Prabhudas Lilladher have given a 'buy' rating on DMart stock on expectations of the retailer seeing huge runaway growth with h potential to open 1500 stores. Amnish Aggarwal and Anushka Chhajed analysts at Prabhudas Lilladher in their latest report dated …

D-Mart Q1 Profit Jumps Multifold to Rs 642.89 Crore, Sales Almost Double
2 years, 6 months ago

D-Mart Q1 Profit Jumps Multifold to Rs 642.89 Crore, Sales Almost Double

News 18  

New Delhi: Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, on Saturday reported over six-fold jump in its consolidated net profit to Rs 642.89 crore for the quarter ended on June 30, 2022, helped by a “very good recovery” in overall sales and a comparative low YoY base. The company had posted a net profit of Rs 95.36 …

Dmart Q4 Net Profit Jumps 3.14% YoY to Rs 427 Crore, Revenue at Rs 8,786 Crore
2 years, 8 months ago

Dmart Q4 Net Profit Jumps 3.14% YoY to Rs 427 Crore, Revenue at Rs 8,786 Crore

News 18  

Radhakrishnan Damani-led Avenue Supermarts, which owns and operates retail chain D-Mart, on Saturday reported a 3.14 per cent year-on-year jump in its consolidated net profit to Rs 427 crore for the quarter ended March 31, 2022. The total revenue of Dmart jumped 18.53 per cent YoY to Rs 8,786 crore, as compared with Rs 7,412 crore in the same period …

DMart retail chain owner Avenue Supermarts becomes 11th most valued Indian firm by market cap
4 years, 7 months ago

DMart retail chain owner Avenue Supermarts becomes 11th most valued Indian firm by market cap

Firstpost  

Avenue Supermarts, which owns and operates retail chain DMart, on Wednesday became the 11th most valued Indian firm by market valuation following a rally in its share price New Delhi: Avenue Supermarts, which owns and operates retail chain DMart, on Wednesday became the 11th most valued Indian firm by market valuation following a rally in its share price. At the …

Avenue Supermarts market-cap crosses Rs 1.5 lakh cr; Radhakishan Damani becomes 6th wealthiest individual in India
4 years, 11 months ago

Avenue Supermarts market-cap crosses Rs 1.5 lakh cr; Radhakishan Damani becomes 6th wealthiest individual in India

Firstpost  

The Damani-promoted Avenue Supermarts value has gone past Nestlé India and Bajaj Finserv. The market capitalisation of Radhakishan Damani-led Avenue Supermarts reportedly crossed Rs 1.50 lakh crore, a jump of 290 percent since its listing about three years ago, said news reports. Avenue Supermarts, the parent company of retail chain DMart, claimed to have overtaken Nestle and Bajaj Finserv to …

DMart looks to raise up to ₹4,098 crore through QIP to fund business expansion
4 years, 11 months ago

DMart looks to raise up to ₹4,098 crore through QIP to fund business expansion

Live Mint  

Avenue Supermarts Ltd, which runs the popular supermarket chain DMart, on Wednesday launched a qualified institutional placement offering to raise up to ₹4,098 crore. “Our company proposes to utilize the net proceeds to augment long-term resources for financing our expansion plans, which include funding expenditure towards implementation of our strategy on expanding our store network and increasing the efficiency of …

D-Mart parent, Avenue Supermarts' shares jump nearly 4% on strong June quarter earnings
6 years, 5 months ago

D-Mart parent, Avenue Supermarts' shares jump nearly 4% on strong June quarter earnings

Firstpost  

Avenue Supermarts’ market valuation rose by Rs 3,751.56 crore to surge past Rs 1,03,145.56 crore on the BSE New Delhi: Shares of Avenue Supermarts rose by nearly 4 percent on Tuesday after the company reported a growth of 43.4 percent in profit after tax for the quarter ended 30 June. The company’s market valuation rose by Rs 3,751.56 crore to …

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