 "DMart, avenue supermart, IPO, MSCI")
Shares of Avenue Supermarts, which owns and operates D-Mart supermarket chain, fell 9 per cent to Rs 1,423 apiece on the BSE in early morning trade after it reported a disappointing set of numbers for the quarter ended December 31, 2018 (Q3FY19).
The company has posted 2.1 per cent year-on-year (YoY) growth in net profit at Rs 257 crore. It had a profit of Rs 252 crore in the same quarter last fiscal. The net profit growth during the quarter under review was slowest in eight quarters.
EBITDA (earnings before interest, tax, depreciation and amortization) margin declined 200
The company has posted 2.1 per cent year-on-year (YoY) growth in net profit at Rs 257 crore. It had a profit of Rs 252 crore in the same quarter last fiscal. The net profit growth during the quarter under review was slowest in eight quarters.
EBITDA (earnings before interest, tax, depreciation and amortization) margin declined 200
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