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AVENUE SUPERMARTS CEO
Morgan Stanley upgrades DMart to overweight, says juggernaut is rolling! Here’s whyMorgan Stanley has upgraded Avenue Supermarts (DMart) to overweight following a strong Q4, signalling momentum in the retailer’s growth. Th...06 Apr, 2026, 08.15 PM IST- Add Avenue Supermarts, target price Rs 3,950: HDFC SecuritiesHDFC Securities has given an add call on Avenue Supermarts with a target price of Rs 3950. The company reported a consolidated total income...14 Jan, 2025, 10.11 AM IST
- DMart shares slide 6% post Q3 results. Should you buy, sell or hold?Avenue Supermarts shares plunged 5.7% after disappointing Q3 results. Revenue grew 17.5% YoY, and profit increased 6.5% YoY, but EBITDA and...13 Jan, 2025, 09.28 AM IST
- Neville Noronha quits Avenue Supermarts, Unilever's Anshul Asawa to be new CEONeville Noronha, CEO of Avenue Supermarts, will not renew his contract ending in January 2026 after leading the company for over two decade...11 Jan, 2025, 08.46 PM IST
- DMart Q3 Results: Standalone profit up 6.5% to Rs 785 crore, revenue jumps 17.5%The retailer's EBITDA margin fell to 7.9% in Q3FY25 as compared to 8.5% in Q3FY24 while the PAT margin also decreased to 5% vs 5.5% on a Yo...11 Jan, 2025, 08.42 PM IST
- Don’t be turned off by temporary blips; Avenue Supermarts becoming like Costco & Walmart in US: Pashupati AdvaniPashupati Advani highlights Avenue Supermarts' transition into non-food items and its potential for long-term growth. He discusses the upco...15 Oct, 2024, 08.11 AM IST
- DMart Q1 Results: PAT grows 17.5% YoY to Rs 774 crore, revenue up 19%Contribution from General Merchandise and Apparel continued to improve during the quarter and this is reflected in the gross margin uptick ...13 Jul, 2024, 03.21 PM IST
- DMart Q4 Results: PAT grows 22% YoY to Rs 563 crore, revenue up 20%The profit was Rs 460 crore in the corresponding quarter of the previous financial year. The retailer's EBITDA rose 22.3% YoY to Rs 943 cro...04 May, 2024, 04.27 PM IST
- GIFT City allots 70,000 sq ft development rights to Avenue SupermartsWith this, D-Mart becomes the first retail chain to open a store in GIFT City soon, adding to the convenience of people working and residin...23 Feb, 2022, 06.33 PM IST
- D-Mart all set to enter GIFT CityThe opening of a D-Mart store will significantly add to the convenience of people working and residing in the smart city. GIFT City is alre...23 Feb, 2022, 03.26 PM IST
- DMart's Ignatius Navil Noronha is now a billionaireDMart's m-cap stood roughly at Rs 3,82,182 crore. At this valuation, Radhakishan Damani and his family's stake in the company was worth Rs ...18 Oct, 2021, 12.30 PM IST
- Ignatius Navil Noronha, India's richest CEO, trims stake in DMartNoronha held 1,30,74,043 shares (or 2.02 per cent) stake in DMart as of September quarter, down 52,192 shares over 1,31,26,235 shares (or 2...16 Oct, 2021, 03.27 PM IST
- DMart’s Noronha wealthiest CEO in IndiaInstead, he is in a line of business that’s as traditional as it gets – groceries, largely.18 Feb, 2020, 08.35 AM IST
- Avenue Supermarts Q3 net jumps 53% to Rs 394 crore; company adds 7 storesRevenue for the quarter rose 23.90 per cent to Rs 6,752 crore, the company said in a BSE filing.11 Jan, 2020, 04.08 PM IST
- Avenue Supermarts Q2 profit surges 48% YoY to Rs 323 crore; misses Street estimatesThe firm had posted a net profit of Rs 218.69 crore in the corresponding quarter last year.12 Oct, 2019, 03.30 PM IST
- Avenue Supermarts tanks 4% on Q4 earningsTotal revenue for the quarter came in at Rs 3,810 crore, up 22.5 per cent yoy.07 May, 2018, 11.00 AM IST
- Avenue Supermarts Q3 net jumps 65.77% to Rs 251.76 croreThe company had reported a net profit of Rs 151.87 crore in the corresponding quarter a year ago.25 Jan, 2018, 08.24 PM IST
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