Retail chains like Reliance Retail, DMart go on store expansion spree as demand recoversIndia's top retailers added 2,182 stores in FY26, the highest in three years, driven by rising demand, tax cuts, and growing consumer prefe...
Will Sensex, Nifty extend losses on Monday? Iran war peace talks, 4 factors to dictate Dalal Street next weekCrude oil futures fell sharply on Friday from 4-year highs after Iran signalled a proposal to resume negotiations with the U.S., though pri...
DMart Q4 Results: Avenue Supermarts cons PAT jumps 19% to Rs 656 crore, revenue too rises 19%DMart Q4 Results: Avenue Supermarts, the operator of DMart, on Saturday reported a net profit of Rs 656.6 crore for the March quarter of FY...
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...
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...
DMart's fundamental business principles should stay intact: CEO Neville NoronhaNeville Noronha, CEO of Avenue Supermarts, emphasizes that DMart's core principles must remain unchanged as he prepares to step down in 202...
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...
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...
DMart shares slide 23% in a month. Will bearish sentiment continue to weigh in?The stock saw a sharper decline and is now trading below its 200-day exponential moving average (DEMA). It had attempted to hold above this...
DMart has to add greater number of stores to grow faster, says CEO Neville NoronhaAvenue Supermarts’ first-quarter profit rose marginally but missed estimates, even as the profit margins shrunk owing to higher costs and w...
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...
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 ...
Avenue Supermarts Q2 results: Consolidated profit more than doubles to Rs 418 crore; retailer adds 8 new storesConsolidated revenue for the quarter climbed 46.79 per cent YoY to Rs 7,789 crore from Rs 5,306 crore in the same period last year.
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...
DMart’s Noronha wealthiest CEO in IndiaInstead, he is in a line of business that’s as traditional as it gets – groceries, largely.
DMart’s e-tail arm still in the red, but sales are growingDMart's online venture essentially has multiple delivery centres or pick-up points in catchment areas, where it has a store, so that custom...
Improving operating leverage bodes well for D-Mart stockAgainst estimates of Rs 221 crore, the company posted a net profit of Rs 251 crore.