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FMCG margin recovery likely in Q2 and Q3; Britannia, HUL, Nestlé among top picks: Abneesh RoyAccording to Abneesh Roy, the worst is over for most FMCG companies regarding EBITDA margins, with expectations of improvement in Q2 and Q3...
DMart shares rally over 7%. What’s fueling the surge?DMart shares surged over 7% after the company announced a new store opening in Pathankot and outlined plans to accelerate store additions. ...
DMart shares tumble nearly 3% after Q1 results. Should you buy, sell or hold?Avenue Supermarts' shares declined following a Q1FY26 report revealing a modest 2% rise in net profit, reaching Rs 830 crore, while revenue...
DMart Q1 Results: Profit rises 2% YoY to Rs 830 crore, revenue up 16%DMart Q1 Results: Avenue Supermarts, which operates retail chain DMart, reported a standalone net profit of Rs 830 crore in the first quart...
DMart Q3 results: Consol PAT up 17% YoY to Rs 691 crore, revenue sees similar growthEarnings before interest, taxes, depreciation and amortization or EBITDA during the quarter grew by 16% YoY to Rs 1,119.89 crore. However, ...
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 ...
Jazz Fest 2023: Check the list of headlinersJazz Fest 2023 will start on April 28 and go through May 7.
In an emotional tribute, Horace Panter talks about Terry Hall's final daysHorace Panter – the bassist for The Specials band, has offered a heartfelt remembrance of his late bandmate, describing his final weeks bat...
Terry Hall of 'The Specials' passes away at 63, band pays tribute"The Specials" lead singer Terry Hill has died at the age of 63 after a brief illness, and the band have announced the same on their Twitte...
Terry Hall, frontman of British ska band The Specials, dies aged 63No cause of death was given, and the band asked for respect for Hall's family.
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...
DMart converts 2 Mumbai stores into fulfilment centres to cater to e-commerce demandThe company opened six new DMart stores during the July-September quarter this fiscal taking its store count to 220 with total retail busin...
Wait for a better entry point, say analysts on Radhakishan Damani's stockAmbit said that cash burns from existing and new players may impact valuations of DMart.
Avenue Supermarts Q2 results: Profit drops 38% to Rs 199 crore, margin contracts 240 bps to 6.2%The consolidated total revenue for the quarter declined 11.43 per cent YoY to Rs 5,306 crore from Rs 5,991 crore in the ear-ago quarter.
Retailers, online grocers restrict purchases; put cap on quantity to prevent hoardingRetailers said indications of hoarding came from the increase in average bill values over the past few days and consumers making repeat pur...
E-commerce firms tie up with retailers and e-grocers to help in last mile deliveryUber, Domino's Pizza, Rapido, Zypp, Swiggy, Zomato and Scootsy have all ventured into grocery delivery in partnerships with retail chains s...
Panic buying goes a notch up ahead of PM Modi’s addressThe initial panic buying was only for hygiene products, especially hand sanitisers, but retailers say it has trickled down to food after mo...
Avenue Supermarts tanks 4% on Q4 earningsTotal revenue for the quarter came in at Rs 3,810 crore, up 22.5 per cent yoy.
Billionaire conjures up Sam Walton with $6 billion Indian chainBy appealing to homemakers with cheap, reliable staples, Radhakishan Damani has not only countered threat from online retailers, but beat t...
Cricket at Oxford University Club grounds; one purely for the love of the gameThere were no spectators. Rather, less than 100, perhaps even 50. Some of them were busy sipping their apple cider on a lovely sunny evenin...