Several brokerages have revised their target prices for DMart, citing concerns about sustained margin pressure.
As DMart prepares for a new chapter with Anshul Asawa at the helm, outgoing CEO Neville Noronha reflects on his tenure, the ...
Brokerages on DMart Q3 results: Avenue Supermarts (DMart) shares slipped as much as 5.74 per cent to hit an intraday low of Rs 3,474 per share on Monday. Photograph: PTI Photo from the Rediff Archives ...
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 YoY basis.
Shares of DMart fell by up to 3% this morning after the company missed Q3 earnings estimates. The stock slipped to an intraday low of Rs. 3,469 after opening at Rs. 3,501. Dmart’s share movement ...
Noronha has not offered to renew his role as CEO and MD after the conclusion of his term in January 2026. Unilever’s Anshul Asawa has been appointed as the CEO Designate.
Brokerages believe DMart’s margins may continue to be under pressure amid the high competition and management’s focus on market share.
Avenue Supermarts (DMart) has reported a net profit of Rs 724 crore with revenue of Rs 15,973 crore for the October-December period. According to Zee Business research, the hypermarket chain company ...
Avenue Supermarts shares plunged 5.7% after disappointing Q3 results. Revenue grew 17.5% YoY, and profit increased 6.5% YoY, but EBITDA and PAT margins declined. Same-store revenue growth was at 8.3%.
DMart's Q3 revenue, Ebitda and profit grew 17 per cent, 10 per cent and 6 per cent, respectively. This was below Antique Stock Broking's expectations.
JP Morgan after DMart's quarterly show noted that the appointment of Anshul Asawa as CEO designate was an important development.
Avenue Supermarts Ltd., the parent company of popular retail chain DMart, saw its share price drop nearly 6% on Monday ...