- DMart Q4 Results: Net profit rises 8% YoY to Rs 505 crore; misses estimates
Avenue Supermarts, the company that operates the DMart chain of stores, posted a 21.11% YoY jump in reven ...More
Avenue Supermarts, the company that operates the DMart chain of stores, posted a 21.11% YoY jump in revenue to Rs 10,337.12 crore. DMart's margins declined, said CEO and MD Neville Noronha. "Lower consumer spending in general merchandise and apparel continues and has impacted the margin mix downwards," he added. E-commerce expansion continued in the firm's existing 22 cities and expanded to an additional 10 new locations during the year, totalling 324 stores. ...Less

- Avenue Supermarts Q4 Results: Profit rises 3% YoY to Rs 427 crore; revenue jumps 19%
The consolidated revenue for the food & grocery retailer rose 18.53 per cent YoY to Rs 8,786 crore in the ...More
The consolidated revenue for the food & grocery retailer rose 18.53 per cent YoY to Rs 8,786 crore in the March quarter compared with Rs 7,412 crore in the corresponding quarter last year. ...Less

- Q3 results today: Avenue Supermarts, five other companies to announce earnings
On Friday, HCL Technologies, Wipro and HDFC Life Insurance Company declared their Q3 results. India's thi ...More
On Friday, HCL Technologies, Wipro and HDFC Life Insurance Company declared their Q3 results. India's third largest IT company HCL Tech reported its consolidated net profit growth at 6% year-on-year to Rs 4,350 crore for the quarter ended December 2023. ...Less

- Will stock market selloff deepen this week? 6 factors to track
Nifty dropped 2.4% amid hawkish Fed commentary, rising dollar index, and a record low rupee. Market volat ...More
Nifty dropped 2.4% amid hawkish Fed commentary, rising dollar index, and a record low rupee. Market volatility will continue with Q3 earnings, FII flows, macroeconomic data, and crude oil prices shaping the outlook. Technical indicators suggest bearish sentiment, with crucial support levels for Nifty at 23,200-23,300. ...Less

- DMart's strong Q3 numbers fail to impress Street. Here's what brokerages say
A clutch of top domestic brokerages retained their ratings on DMart’s stock with cosmetic changes. While ...More
A clutch of top domestic brokerages retained their ratings on DMart’s stock with cosmetic changes. While Motilal Oswal maintained a buy view on DMart shares, Nuvama retained a 'Hold' stance. Kotak Institutional Equities, on the other hand, reiterated a 'Sell' view. ...Less
