dmart share price: DMart’s strong Q3 numbers fail to impress Street. Here’s what brokerages say

dmart share price: DMart’s strong Q3 numbers fail to impress Street. Here’s what brokerages say

A 17% year-on-year (YoY) uptick in Avenue Supermarts’ December quarter profit after tax (PAT) failed to impress the Street on Monday as the stock traded with marginal gains. A clutch of top domestic brokerages retained their ratings on DMart’s stock with cosmetic changes. While Motilal Oswal maintained a buy view on DMart shares, Nuvama retained … Read more

DMart Q3 results: DMart Q3 results: Consol PAT up 17% YoY to Rs 691 crore, revenue sees similar growth

DMart Q3 results: DMart Q3 results: Consol PAT up 17% YoY to Rs 691 crore, revenue sees similar growth

MUMBAI – Avenue Supermarts Ltd reported strong numbers for the quarter ended December, with the consolidated net profit rising 17% year-on-year (YoY) to Rs 690.61 crore. Consolidated revenue from operations at Rs 13,572.47 crore too, increased by more than 17% from the year-ago period. Earnings before interest, taxes, depreciation and amortization or EBITDA during the … Read more