Avenue Supermarts
Companies News

Avenue Supermarts Reports 18% Revenue Growth In Q1FY24

Avenue Supermarts, which runs the retail chain DMart on Saturday reported a 2 per cent year-on-year (YoY) rise in its consolidated net profit at Rs 6,58.71 crore for the first quarter of the financial year 2023-24. Its standalone net profit rose 2.2 per cent at Rs.695 crore for Q1FY24, compared to Rs. 680 crore in […]

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Companies News

Avenue Supermarts Witness Operating Margin Decline In Q4, Slow Recovery In Merchandise Sales

DMart retail chain operator Avenue Supermarts share fell by 4.7 per cent on Monday after the company’s basis-point decline in the March quarter operating margins on 13 May 2023. The company’s margin fell from 8.4 per cent in the same period last year to 7.3 per cent this year. Its EBITDA growth also stood relatively […]

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