Avenue Supermarts Reports Strong Q4 Growth as Store Footprint Surpasses 500 Locations

Avenue Supermarts Reports Strong Q4 Growth as Store Footprint Surpasses 500 Locations

Sustained Growth in India’s Retail Landscape Avenue Supermarts Limited, the parent company of the popular DMart retail chain, reported a robust 19% year-on-year revenue growth for the fourth quarter of the fiscal year, officially crossing the 500-store milestone across India. The Mumbai-headquartered retailer announced these figures as part of its annual financial disclosure, highlighting a…

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DMart Q4 Results: Profit Misses Estimates Amid Margin Expansion

DMart Q4 Results: Profit Misses Estimates Amid Margin Expansion

Quarterly Performance Overview Avenue Supermarts, the operator of the popular retail chain DMart, reported its financial results for the quarter ending March 31, 2024, revealing a net profit of ₹656.6 crore. This figure fell short of the ₹680 crore estimate projected by a CNBC-TV18 poll, highlighting a divergence between market expectations and actual earnings. Despite…

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