Page 3 - Dmart

D-Mart owner Avenue Supermarts' Q3 revenue rises 24.7% to Rs 11,305 cr

Avenue Supermarts Ltd, which owns and operates the retail chain D-Mart, has reported a 24.7 per cent rise in its standalone revenue from operations to Rs 11,304.58 crore for the third quarter ended on December 31, 2022. The company had revenue from operations of Rs 9,065.02 crore in the October-December quarter a year ago, Avenue Supermarts said in a regulatory filing on Tuesday. "Standalone Revenue from operations for the quarter ended December 31, 2022, stood at Rs 11,304.58 crore," it said while sharing an update at the end of the quarter. The total number of stores stood at 306 as of December 31, 2022. In the year-ago period, Avenue Supermarts' standalone revenue was at Rs 7,432.69 crore. Promoted by Radhakishan Damani and his family, DMart retails basic home and personal products across markets which include -- Maharashtra, Gujarat, Daman, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, Chhattisgarh, NCR, Tamil Nadu, Punjab and Rajasthan.

Stocks to Watch: HDFC, IndusInd Bank, PVR, Orient Cement, RIL, IT, FMCG

Stocks to watch today: In a relief to multiplexes, the Supreme Court on Tuesday said that theatre owners had the right to prohibit outside food and beverages on their premises

Avenue Supermarts slips 3% to hit 8-week low after margin squeeze in Q2

The management said that the inflationary stress is more acute at lower price points in discretionary non-FMCG categories.

Stocks to Watch: HDFC Bank, Electronics Mart, Bajaj Auto, Axis Bank, DMart

Stocks to watch today: Electronics Mart will make its debut on the bourses today. As per IPO Watch, the company could list with a healthy premium of up to 50% over issue price of Rs 59 apiece

Retail chain D-Mart's Q2 revenue jumps 35.7% to Rs 10,384.66 crore

Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, has reported a 35.75 per cent rise in standalone revenue from operations to Rs 10,384.66 crore for the second quarter of the current fiscal. The company had revenue from operations of Rs 7,649.64 crore in the year-ago period, according to a regulatory filing. "Standalone revenue from operations for the quarter ended September 30, 2022, stood at Rs 10,384.66 crore," it said in the regulatory filing on Monday. It had a total of 302 stores at the end of September. In the July-September quarter of FY 2020-21, Avenue Supermarts' standalone revenue was at Rs 5,218.15 crore. It was at Rs 5,949 crore in the pre-pandemic July-September quarter of FY 2019-20. Promoted by Radhakishan Damani and his family, DMart retails basic home and personal products across various states including Maharashtra, Gujarat, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana and Tamil Nadu.

General merchandise and apparel growth key for DMart's margin gains

The retailer's revenues in Q2 were lower than estimates

Damani's budget grocery chain DMart eyes fivefold growth in heated market

Avenue Supermarts could scale up the chain known for its knockdown prices on everything from lentils to laundry powder to 1,500 supermarkets from 284

Brokerages mixed on Avenue Supermarts post Q1 results; here's what they say

Jefferies maintains 'Hold' rating on the stock as the management is watchful of 'potential volume stress' in discretionary segments due to inflation

Stocks to watch: TCS, Tata Motors, Mahindra Holidays, D-Mart, Adani Group

Stocks to watch today: IT behemoth TCS net profit grew 5.2 per cent year-on-year (YoY) to Rs 9,478 crore in Q1FY23; Tata Motors hiked prices across passenger vehicle range by 0.55 per cent.

Avenue Supermarts gains 11% in three days post June quarter 2022 biz update

The company is scheduled to announce June quarter results on Saturday, July 9, 2022.

Stocks to Watch Today: Cipla, RIL, PNB, Reliance Power, Metals, Restaurants

Stocks to Watch Today: Shares of metal companies are also to be in focus as copper prices fell to 17-month lows amid new COVID restrictions in China, slowing global manufacturing activity and a jump i

Valuation hurdle stiff for DMart despite 26% correction since January

Store additions strong while same store sales declined in Q1

Trent, DMart: Retail stocks resilient amid market volatility; time to buy?

Shoppers Stop is expected to rise 15 per cent, while Avenue Supermarts, may decline on breakdown of support.

Stocks to Watch: Adani Group, RIL, SBI, Dmart, Railtel, Bandhan Bank, PSBs

Stocks to Watch Today: Bharat Forge, Fino Payments Bank, MCX India, RateGain Travel, Raymond and VIP Industries are some of the notable companies scheduled to announce Q4 results on Monday.

DMart Q4 results: Standalone net profit rises 7% to Rs 466 crore

Standalone revenue rose 18% to Rs 8,606 cr

Avenue Supermarts hits over 8-month low; slips 12% in two days

In the past six months, the stock has underperformed the market by falling 26 per cent as compared to a 10 per cent decline in the S&P BSE Sensex.

DMart Q3 results: Standalone net profit rises 24.6% to Rs 586 cr

Standalone revenue rose 22% to Rs 9,065 crore

Stocks to Watch: RIL, Wockhardt, IDBI Bk, SJVN, Titan, DMart, FMCG, Pharma

Pharma shares may be in focus as India's apex health research organization ICMR has raised concerns around the safety for use of the oral antiviral drug Molnupiravir

D-Mart reports 21.96% increase in revenue at Rs 9,065.02 cr in Q3

The company had revenue from operations of Rs 7,432.69 crore in the October-December quarter a year ago, Avenue Supermarts informed BSE in a regulatory filing

Avenue Supermarts hits valuation hurdle, stock at 124 times FY23 earnings

Margin disappointment weighs on stock, which has gained 47% in 3 months