Avenue Supermarts

As per reports, Goldman Sachs believes DMart's competitive moat is facing increasing pressure

The fall in DMart share price came after the company's September quarter results missed street expectations.

Avenue Supermarts Limited Q2 results: Revenue for the quarter saw a 14.41 per cent rise, amounting to Rs 14,444.5 crore, up from Rs 12,624.37 crore year-on-year

DMart share price fell despite the company posting a strong set of quarterly updates for Q2FY25 (July 2024 - September 2024).

The uptick in share price came after reports indicated that Hong Kong-based international brokerage CLSA has increased DMart's target price.

Consolidated net profit rose 17.5% Y-o-Y in Q1FY25 helped by general merchandise and apparel sales

Avenue Supermarts Ltd, which owns and operates the retail chain D-Mart, has reported an 18.36 per cent increase in standalone revenue from operations to Rs 13,711.87 crore for the June quarter. The company had a revenue from operations of Rs 11,584.44 crore in the year-ago period, Avenue Supermarts informed the BSE in a regulatory filing on Tuesday. "Standalone revenue from operations for the quarter ended (QE) June 30, stood at Rs 13,711.87 crore," Avenue Supermarts said. The total number of stores as of June 30 stood at 371. This also includes one store in Rajkot, Gujarat, which is temporarily closed for customers, it added. The Damani family-promoted company also added the "standalone revenue from operations for QE June 30, 2024 given above is subject to limited review by the statutory auditors of the company." In the April-June quarter of FY23, Avenue Supermarts' standalone revenue was at Rs 9,806.89 crore. Promoted by Radhakishan Damani and his family, DMart retails basic ho

DMart Q4 results: The revenue from operations of DMart rose to Rs 12,726.5 crore in Q4FY24 from Rs 10,594 crore in the same quarter of previous financial year

DMart, in the Q4FY24 pre-quarter update, said the company reported 20 per cent growth in standalone revenue from operations at Rs 12,393 crore

Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, has reported a 19.89 per cent increase in its standalone revenue from operations to Rs 12,393.46 crore for the fourth quarter ended on March 31, 2024. The company had revenue from operations of Rs 10,337.12 crore in the January-March quarter a year ago, Avenue Supermarts said in a regulatory filing on Wednesday. "Standalone Revenue from operations for the quarter ended (QE) March 31, 2024, stood at Rs 12,393.46 crore," the company said while sharing an update at the end of the quarter. The total number of stores as of March 31, 2024, stood at 365. However, the Damani-family promoted company also added the "standalone revenue from operations for QE March 31, 2024, given above is subject to audit by the statutory auditors of the company". In the January-March quarter of FY2021-22, Avenue Supermarts' standalone revenue was Rs 8,606.09 crore. Promoted by Radhakishan Damani and his family, DMart retails basic home and

Globally it is among the lowest cost retailers. DMart deliberately went slow on private-labels in order to avoid being seen to compete with suppliers and key brands

Stable GMA share helped the company report steady gross margins of 14.9 per cent

Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, on Saturday, reported a 17 per cent rise in its consolidated net profit to Rs 690.41 crore for the third quarter ended December 31. The company had posted a net profit of Rs 589.64 crore in the October-December quarter a year ago, according to a regulatory filing by Avenue Supermarts. Its revenue from operations grew 17.31 per cent to Rs 13,572.47 crore during the quarter under review against Rs 11,569.05 crore in the corresponding quarter of the last fiscal. Avenue Supermarts' total expenses rose 17.31 per cent to Rs 12,656.46 crore in the third quarter of this fiscal. Its total income in the December quarter increased 17.28 per cent to Rs 13,605.39 crore. The total number of stores stood at 341 as of December 31, 2023. Meanwhile, in a separate filing, Avenue Supermarts said its board has appointed Harishchandra M Bharuka as an Independent Director of the company. Promoted by Radhakishan Damani and his family,

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The company reported an 18.51% YoY increase in its standalone revenue from operations at Rs 12,308 crore in the September quarter

Avenue Supermarts Ltd, which owns and operates retail chain DMart, on Wednesday reported an 18.51 per cent increase in its standalone revenue from operations at Rs 12,307.72 crore in the second quarter of this fiscal. The company had registered a revenue from operations of Rs 10,384.66 crore in the July-September quarter a year ago, Avenue Supermarts informed BSE in a regulatory filing. "Standalone Revenue from operations for the quarter ended September 30, 2023, stood at Rs 12,307.72 crore," said Avenue Supermarts in the regulatory filing while sharing the company's update at the end of the quarter. The total number of DMart stores as of September 30, 2023 stood at 336. In the July-September quarter of FY22, Avenue Supermarts' standalone revenue stood at Rs 7,649.64 crore. Promoted by Radhakishan Damani and his family, DMart retails basic home and personal products across markets which include Maharashtra, Gujarat, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, Chhattisgar

In FY23, Ignatius Navil Noronha, CEO & MD of Avenue Supermarts salary stood at Rs 4.55 crore, the same as the previous year

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The total income of Avenue Supermarts in the June quarter was at Rs 11,904.18 crore, up 18.24%