Avenue Supermarts

DMart bleeds 6% as analysts see margin pressure ahead, cut target after Q3

Several brokerages have revised their target prices for DMart, citing concerns about sustained margin pressure.

Avenue Supermarts appoints Anshul Asawa as CEO designate from March 15

Asawa will succeed Ignatius Navil Noronha, who will complete his current term of five years as the managing director of the company on January 31, 2026

D-Mart appoints Anshul Asawa as CEO, Neville Noronha to step down in 2026

Avenue Supermarts, which owns and operates the retail chain D-Mart, has announced a top-level management reshuffle with the appointment of Unilever's Anshul Asawa as its CEO Designate. Asawa currently serves as Country Head of Unilever in Thailand and General Manager for the Home Care business unit in Greater Asia. The incumbent Managing Director and CEO Neville Noronham, whose current term is ending in January 2026 - a year from now, will not be offering his candidature for renewal of his role, according to a statement from Avenue Supermarts. "The Board of Directors honours his decision and expresses profound gratitude for his extraordinary contribution to the company. The Board has appointed Anshul Asawa as the CEO Designate, effective March 15, 2025," it said. Noronha has been associated with D-Mart for the last two decades. He joined DMart in January 2004 and has shepherded the company from its early years -- from 5 stores to its current position as one of the largest supermar

Trent trades lower for fourth day in row; down 21% from 52-week high

During CY24, Trent had outperformed the market and zoomed 133%, as compared to the 9% rise in the BSE Sensex and in CY23, the stock had rallied 126%, compared to the 20% gain in the benchmark index

Why Avenue Supermarts owner of DMart shares hit 15% upper circuit in trade?

Its revenue for the quarter saw a 14.41 per cent rise, amounting to Rs 14,444.5 crore from Rs 12,624.37 crore Y-o-Y

Stocks to Watch, Jan 3, 2025: TaMo, M&M, Airtel, Avenue Supermarts, IOC

Stocks to Watch, Jan 3, 2025: From Avenue Supermarts to Tata Motors, here are few stocks that will be on investors' radar today

Avenue Supermarts' revenue increases 17.5% to Rs 15,565 crore in Q3

Avenue Supermarts Ltd, which owns and operates retail chain DMart, has reported 17.5 per cent increase in standalone revenue from operations at Rs 15,565.23 crore for the third quarter ended December 31, 2024. The company had posted a revenue of Rs 13,247.33 crore in December quarter a year ago, Avenue Supermarts informed BSE on Thursday. The total number of stores as of December 2024 stood at 387. Revenue for the quarter is subject to limited review by the statutory auditors of the company, it said. In October-December 2022-23, standalone revenue was Rs 11,304.58 crore. Promoted by Radhakishan Damani and his family, DMart retails basic home and personal products across Maharashtra, Gujarat, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, Chhattisgarh, NCR, Tamil Nadu, Punjab and Rajasthan.

DMart hits 52-week low on growth concerns, slips 35% from September high

An accelerated ramp-up of online grocery formats (quick commerce) in large metro cities led to a deceleration of key growth metrics for DMart

Zomato, Bajaj Fin: 5 largecaps that can gain over 20% in 2025; time to buy?

In the year 2024, every second stock among largecaps surged more than 50%, with 3 doubling investors' wealth. As we near the end of the calendar year, here are 5 potential stock winners for 2025.

DMart shares slip 3% after Goldman Sachs cuts target to Rs 3,425 per share

As per reports, Goldman Sachs believes DMart's competitive moat is facing increasing pressure

DMart shares plunge 9% as it misses Q2 street estimates; brokerages mixed

The fall in DMart share price came after the company's September quarter results missed street expectations.

Avenue Supermarts Q2 result: Net profit up 5.7% at Rs 659 cr, Ebitda up 29%

Avenue Supermarts Limited Q2 results: Revenue for the quarter saw a 14.41 per cent rise, amounting to Rs 14,444.5 crore, up from Rs 12,624.37 crore year-on-year

DMart share falls 5% despite strong Q2 business update; adds 377 stores

DMart share price fell despite the company posting a strong set of quarterly updates for Q2FY25 (July 2024 - September 2024).

CLSA raises DMart target price, sees 14% upside, says report; stock gains

The uptick in share price came after reports indicated that Hong Kong-based international brokerage CLSA has increased DMart's target price.

Higher discretionary sales, store growth key for gains in Avenue Supermarts

Consolidated net profit rose 17.5% Y-o-Y in Q1FY25 helped by general merchandise and apparel sales

Avenue Supermarts Q1 results: Revenue rises 18.4% to Rs 13,712 crore

Avenue Supermarts Ltd, which owns and operates the retail chain D-Mart, has reported an 18.36 per cent increase in standalone revenue from operations to Rs 13,711.87 crore for the June quarter. The company had a revenue from operations of Rs 11,584.44 crore in the year-ago period, Avenue Supermarts informed the BSE in a regulatory filing on Tuesday. "Standalone revenue from operations for the quarter ended (QE) June 30, stood at Rs 13,711.87 crore," Avenue Supermarts said. The total number of stores as of June 30 stood at 371. This also includes one store in Rajkot, Gujarat, which is temporarily closed for customers, it added. The Damani family-promoted company also added the "standalone revenue from operations for QE June 30, 2024 given above is subject to limited review by the statutory auditors of the company." In the April-June quarter of FY23, Avenue Supermarts' standalone revenue was at Rs 9,806.89 crore. Promoted by Radhakishan Damani and his family, DMart retails basic ho

DMart Q4 results: Net profit rises 22% to Rs 563 crore, revenue up 20%

DMart Q4 results: The revenue from operations of DMart rose to Rs 12,726.5 crore in Q4FY24 from Rs 10,594 crore in the same quarter of previous financial year

Avenue Supermarts regains Rs 3-trillion m-cap; stock zooms 23% in 1 month

DMart, in the Q4FY24 pre-quarter update, said the company reported 20 per cent growth in standalone revenue from operations at Rs 12,393 crore

D-Mart's Q4 revenue from operation rises nearly 20% to Rs 12,393.46 cr

Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, has reported a 19.89 per cent increase in its standalone revenue from operations to Rs 12,393.46 crore for the fourth quarter ended on March 31, 2024. The company had revenue from operations of Rs 10,337.12 crore in the January-March quarter a year ago, Avenue Supermarts said in a regulatory filing on Wednesday. "Standalone Revenue from operations for the quarter ended (QE) March 31, 2024, stood at Rs 12,393.46 crore," the company said while sharing an update at the end of the quarter. The total number of stores as of March 31, 2024, stood at 365. However, the Damani-family promoted company also added the "standalone revenue from operations for QE March 31, 2024, given above is subject to audit by the statutory auditors of the company". In the January-March quarter of FY2021-22, Avenue Supermarts' standalone revenue was Rs 8,606.09 crore. Promoted by Radhakishan Damani and his family, DMart retails basic home and

Slowdown in growth trends, valuations near term hurdles for Dmart

Globally it is among the lowest cost retailers. DMart deliberately went slow on private-labels in order to avoid being seen to compete with suppliers and key brands