Sequentially, net profit rose 40.2 per cent from ₹550.90 crore recorded in the previous quarter
Avenue Supermarts posted flat net profit of Rs 773 crore in Q1FY26, while revenue grew by 16.3% to Rs 16,359.7 crore, driven by a 7.1% growth in older DMart stores
DMart's Q1FY26 pre-quarter update reveals slower-than-expected revenue growth and margin compression. Competitive pressures, particularly from quick commerce players, could weigh on future growth.
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Avenue Supermarts (DMart) share price gained 3.5 per cent in morning deals and the stock touched an intraday high at ₹4,203.55 per share; learn more here
DMart's stock slips after weak Q4 margin performance and cautious outlook as analysts flag rising cost pressures and competitive intensity in the FMCG segment
The company recorded a 16.8 per cent increase in its total revenue to Rs 14,872 crore
Avenue Supermarts' stock fell as much as 5.09 per cent during the day to ₹3,946 per share, the biggest intraday loss since January 13 this year
However, in past six months, DMart has underperformed the market by falling 25 per cent, as against 11 per cent decline in the BSE Sensex.
The uptick in Avenue Supermarts' share price came on the back of the news that the company has opened 4 new stores, bringing the total number of stores to 396 as of today
Biocon: The company's subsidiary, Biocon Pharma, has received USFDA approvals for Lenalidomide capsules and Dasatinib tablets, and tentative approval for Rivaroxaban tablets
With experience across developed markets, Asawa has worked closely with modern retail chains to drive growth even in saturated categories
Several brokerages have revised their target prices for DMart, citing concerns about sustained margin pressure.
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
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
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
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: From Avenue Supermarts to Tata Motors, here are few stocks that will be on investors' radar today