#avenue supermart Q4 results

[arko006-blog]

DMart’s secular rally may pause for a while - ET Retail

DMart’s secular rally may pause for a while – ET Retail

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Mumbai: Running India’s biggest, standalone supermarket business through the pandemic has its share of hazards. Costs are high because screening, sanitation and hygiene maintenance costs at stores have surged, and so have the incentives for frontline staff braving the risk of infection.

That’s the reason DMartisn’t as vocal about the FY21 outlook as it ought to be, especially after the…

[newsaryavart]

एवेन्यू सुपरमार्ट का चौथी तिमाही प्रॉफिट 42% बढ़ा, आय में 24% की बढ़त

एवेन्यू सुपरमार्ट का चौथी तिमाही प्रॉफिट 42% बढ़ा, आय में 24% की बढ़त

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Photo:PTI

avenue supermart q4 profit up 42%

नई दिल्ली। सुपरमार्केट चेन डी मार्ट चलाने वाली एवेन्यू सुपरमार्ट ने अपने मार्च तिमाही के नतीजे जारी कर दिए हैं। कंपनी के मुताबिक चौथी तिमाही में कंसोलिडेटेड प्रॉफिट 41.6 फीसदी की बढ़त के साथ 271.28 करोड़ रुपये पर पहुंच गया है। पिछले साल की इसी तिमाही में कंपनी का प्रॉफिट 191.57 करोड़ रुपये था।

वहीं तिमाही के दौरान कुल आय पिछले साल के मुकाबले…

[thenetionalnews]

DMart Q4 results: Standalone net profit rises 7% to Rs 466 crore

DMart Q4 results: Standalone net profit rises 7% to Rs 466 crore

Radhakishan Damani-promoted retail chain DMart on Saturday reported 7% rise in standalone net profit at Rs 466 crore for the quarter ending March 31, 2022. Standalone revenue rose 18% to Rs 8,606 crore during the quarter ending review. Commenting on the performance of the company Neville Noronha, CEO & Managing Director, Avenue Supermarts Limited, said: “January 2022 started extremely well but…

[eazeetraders]

(via D-Mart-Avenue Supermarts Q4 Results » EazeeTraders.com)

[newsmatters]

DMart Q4 results: Profit soars 53% to Rs 414 crore; over 80% stores hit by Covid 2.0

DMart Q4 results: Profit soars 53% to Rs 414 crore; over 80% stores hit by Covid 2.0

NEW DELHI: Avenue Supermarts () on Saturday reported a 52.76 per cent year-on-year jump in consolidated net profit at Rs 414 crore for March quarter. The chain of hypermarkets had reported a net profit of Rs 271 crore in the corresponding quarter of last year. Consolidated total revenue for the quarter rose to Rs 7,412 crore compared with Rs 6,256 crore in the year-ago quarter. Earnings before…

[skandyx]

Avenue Supermarts dips post Q4 results on profit booking

Avenue Supermarts dips post Q4 results on profit booking

[ad_1] Avenue Supermarts, which runs the D-Mart value retail chain, was trading 3.5% lower at Rs 780 on BSE, in an otherwise firm market even after the company reported 47% growth in net profit at Rs 97 crore for the quarter ended March 2017 (Q4FY17). The company had profit of Rs 66 crore in the same quarter year ago. Total revenue during the quarter increased 40.5% at Rs 3,120 crore over the…

[poonamparekh]

Avenue Supermarts falls 4% post Q4 results

Avenue Supermarts , which operates the chain of D-Mart stores, has dipped 4% to Rs 1,433 on the market on profit booking despite the company reported a 72.9% year-on-year (y-o-y) growth in its net profit to Rs 1.67 billion in the fourth quarter of FY18. Total Revenue during the period was up 22.4% y-o-y to Rs 38.10 billion.

Analysts on an average had expected profit of Rs 1.86 billion on revenue of Rs 37.77 billion for the quarter.

The company’s EBITDA (earnings before interest, tax, depreciation and amortization) margin improved 100 bps from 6.7% in Q4FY17 to 7.7% in Q4FY18.

Motilal Oswal Securities had expected net profit growth of 82% and revenue growth of 125% y-o-y for the quarter. The broker firm Prabhudas Lilladher expected EBITDA margin improvement of 230bps to 9%.

Like for like growth of Avenue Supermarts has declined from 21.2% in FY17 to 14.2% in FY18.

“FY18 SSS growth at 14.2% (vs. 21.2% in FY17) was impacted by price deflation across staples, change in tax rates post GST (c3% impact in our view) and adverse base due to demonetization,” analysts at IIFL Institutional Equities said in result update.

[muzaffar1969]

http://ift.tt/2m9hg5Q Kotak Institutional Equities has maintained a sell rating with a 12-month target price of Rs 580, which translates into a downside of 28 percent from current levels. May 08, 2017 at 09:01AM http://ift.tt/2pRHiia from http://ift.tt/2pRHiia

[skandyx]

D-Mart results: Avenue Supermarts has all engines firing

D-Mart results: Avenue Supermarts has all engines firing

[ad_1] Avenue Supermarts’ results for the March 2017 quarter (Q4) should put to rest concerns about its rich valuations expressed by some market participants. Strong same store sales growth (SSSG) of over 20% plus, over 40% growth in both revenues as well as net profit (over the March 2016 quarter) and stable EBITDA margin were key highlights of the company’s results. The Avenue Supermarts’…

[skandyx]

D-Mart parent Q4 net profit up at Rs 97 crore

D-Mart parent Q4 net profit up at Rs 97 crore

[ad_1] In the first quarterly results declared after its public issue, Avenue Supermarts, which runs D-Mart stores, posted a 47 per cent growth in its standalone net profit for the fourth quarter of financial year 2016-17 (FY17).  The company posted a net profit of Rs 97 crore in Q4FY17, compared to Rs 66 crore in the corresponding quarter of the year earlier. Total income went up 40.5 per cent…