Avenue Supermarts Ltd, owns and operates the DMart chain of supermarkets, is seeing its business improve gradually. While the June quarter (Q1FY25) results don’t offer much excitement, the worst seems to be over on the gross margin front. Standalone gross margin expanded year-on-year for the second straight quarter in Q1, […]
DMart
Q1 results today on July 13: At least five companies are set to announce their FY25 first quarter (Q1) financial results today, on Saturday, July 13. The Q1FY25 earnings season started from July 8 and many prominent companies have announced their first quarter or Q1 results this week. A host […]
Avenue Supermarts share price dropped over a percent on Wednesday after the DMart stores operator reported its business update for the first quarter of FY25. DMart shares fell as much as 1.63% to ₹4,700.00 apiece on the BSE. Avenue Supermarts‘ provisional standalone revenue from operations in Q1FY25 was at ₹13,711.87 […]
Stock market today: Market indices benchmark – Nifty and Sensex – reached new intra-day highs on Tuesday but couldn’t maintain the momentum, closing with slight losses due to subdued global signals. The Nifty 50 reached a new all-time peak of 24,236.35 during the session but concluded slightly lower, down 18 […]
June has proven to be a strong month for Avenue Supermarts (DMart) as its stock surged by approximately 10%, marking a notable rebound following a decline of 6.5% in May. DMart saw its stock rise by 21% over the three-month period from February to April. However, the year started on […]