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NEVILLE NORONHA
Avenue Supermarts' online sales jump 21% to Rs 3,502 Cr in FY25, losses widen amid expansion pushAvenue Supermarts, which operates the DMart chain, reported a 21% rise in online grocery sales to ₹3,502 crore in FY25 through its e-commer...- Rising competition, staff costs dent DMart's margins, says CEOAvenue Supermarts reported a 17% increase in net revenue for the quarter ended March, but faced margin pressures due to competition, rising...
- 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 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 Q1 Results: PAT up mere 2.3% YoY to Rs 695 crore despite higher salesThe hypermarket chain operator reported an 18% YoY growth in revenue for the quarter to Rs 11,584.40 crore. The board has also given consen...
- DMart Q4 Results: Net profit rises 8% YoY to Rs 505 crore; misses estimatesAvenue 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 ...
- Avenue Supermarts Q2 Results: Profit rises 63% YoY to Rs 730 crore; revenue jumps 36%The earnings before interest, taxes, depreciation and amortization (EBITDA) for the quarter rose more than 33 per cent on year to Rs. 895 c...
- Radhakishan Damani eyes fivefold growth in a market Mukesh Ambani wants to dominateAvenue Supermarts Ltd., which currently runs the fourth-largest number of convenience stores in India, could scale up the chain known for i...
- DMart Q3 Results: PAT jumps 24% YoY to Rs 553 crore; revenue up 22%PAT margin for the quarter improved to 6 per cent, up 10 basis points over 5.9 per cent in the same quarter last year, the company said in ...
- 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.
- DMart Q3 results: Net profit rises 16% YoY to Rs 447 crore; Ebitda margin expands 30 bps to 9.1%Total revenue for the quarter came in at Rs 7,542 crore, up 10.76 per cent over its year-ago quarter's Rs 6,809 crore.
- Safety also in stock, Dmart maps new ways to supply your needsThe pandemic is stretching chains as they gasp to keep up with frenetic buying.
- Avenue Supermarts Q3 net profit rises 2% to Rs 257 crore; Ebitda margin shrinks 200 bpsThe company had reported Rs 252 crore profit in the year-ago quarter.
- Avenue Supermarts Q1 profit surges 43% to Rs 251 crore, revenue up 27% at Rs 4,559 croreTotal revenue for the quarter rose 26.7 per cent YoY to Rs 4,559 crore, the company said.
- All bets off as small firms fear falloutAccording to reports, Indian retail sector is 30 per cent of the GDP.
- Future Group's Kishore Biyani shares a warm relationship with Neville Noronha, CEO, Avenue SupermartsWhoever said that rivals cannot be friends?
- Avenue Supermarts' CEO Navil Noronha talks about R Damani as the 'guiding light'Avenue Supermarts' Noronha on promoter Damani's pathbreaking decision to let his young team run the show.
- Jhunjhunwala mentor readies IPO for his firmThe company is planning to raise Rs1,000-1,200 crore through the IPO, a person aware of the development told a news portal.
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