Tuesday, November 5, 2024

Avenue Supermarts

Avenue Supermarts, the company behind DMart, has reported a 22.3% increase in its consolidated net profit for the fourth quarter ended in March 2024. The profit surged to INR 563.14 crore compared to INR 460 crore...
KK Modi Group-backed Godfrey Phillips is reportedly in talks with Tata Trent, Reliance Retail, and Avenue Supermarts to sell the retail grocery chain 24Seven, as reported by ET, citing executives familiar with the matter.In an exchange...

DMart’s parent company Avenue Supermarts expects 19.8% revenue growth in Q4 FY24

Avenue Supermarts Ltd. expects a 19.8% increase in revenue for the fourth quarter of fiscal 2024.According to its quarterly business update released on Wednesday,...

Indian retail giants scale back store expansion amidst slowing consumption trends

India's leading retailers have considerably decelerated their store expansion in the current fiscal year. According to their latest investor disclosures, the top five retail...

Avenue Supermarts reports 17% surge in Q3 FY24 net profit, reaches INR 690.41 Crore

Avenue Supermarts, the operator of the DMart retail chain, announced a 17% rise in consolidated net profit to INR 690.41 in the third quarter...

Avenue Supermarts surpasses INR 12,624 Crore in Q2 total revenue, expands with 9 new DMart stores in Q2 FY24

On Saturday, Avenue Supermarts, the operator of DMart, announced a notable 18.6% rise in consolidated total revenue, reaching INR 12,624.37 crore for the second...

DMart’s Q2 revenue surges 18.51% to INR 12,307.72 Crore, marking impressive growth

Avenue Supermarts Ltd, the company that oversees and manages the DMart retail chain, announced on Wednesday that its standalone revenue from operations for the...

Avenue Supermarts records modest 2.3% YoY net profit growth in Q1 despite revenue surge

Despite a significant increase in revenue, Avenue Supermarts Ltd recorded a modest 2.3% year-on-year (YoY) growth in net profit for the quarter ending in...

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