Dmart q3 results

Choose your reason below and click on the Report button. This will alert our moderators to take action. Log out of your current logged-in account and log in again using your ET Prime dmart q3 results to enjoy all member benefits. Stock analysis.

Mutual Funds. ET TV. More Menu. Currently the main driver is cost reduction. And till the market environment improves, till we see, essentially a reduction in interest rates and more certainty in the political environment, I think clients will continue to be cautious about their budgets. The company, which became independent in August , operates through six major subsidiaries including Jio Finance and Jio Insurance Broking. Last quarter, Jio Financial reported a revenue of Rs 1, crore and a net profit of Rs 1, crore.

Dmart q3 results

The hypermarket chain operator reported a Contribution from general merchandise and apparel has stabilised and trends are encouraging post Diwali. This time the festive season sales were lower than expected in non-FMCG. The company's board approved the appointment of Mr. Harishchandra M. Bharuka as an independent director of the company for a term of five consecutive years with effect from January 13, subject to approval of shareholders. Avenue Supermarts opened five new stores during the December quarter. The company's total stores now stand at DMart share price is worth considering for purchase. On Friday, shares of Avenue Supermarts settled 0. Milestone Alert! Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed — it's all here, just a click away! Login Now! Looks like you have exceeded the limit to bookmark the image.

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DMart Q3 update: Avenue Supermarts shares slipped over 4 per cent on Wednesday January 3 after brokerages gave mixed reactions to the DMart chain operator's Q3 business update, which was released on Tuesday. The company, for the quarter gone by, reported a Avenue Supermarts shares ended at Rs 3,, down by Rs The company had registered revenue from operations of Rs 11, The total number of stores as of December 31, , stood at Post the business update, Morgan Stanley has maintained an overweight rating on Avenue Supermarts with a target price of Rs 4,

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Dmart q3 results

Choose your reason below and click on the Report button. This will alert our moderators to take action. Log out of your current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits. Stock analysis. Market Research. Nifty 22,

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Price cuts in the pizza segment, driven by competition and the Cricket World Cup, are not seen as negative, as they can lead to increased consumption. The Economic Times daily newspaper is available online now. Mint Premium View Less -. Sign In to Read for Free. Shoppers Stop sees high-single digit sales growth in FY Find this comment offensive? You are just one step away from creating your watchlist! The company's total stores now stand at Avenue Supermarts - Smart recovery, but elevated competition and valuation keep us sideways. This will alert our moderators to take action Name Reason for reporting: Foul language Slanderous Inciting hatred against a certain community Others. On Friday, shares of Avenue Supermarts settled 0. Recommended For You. Nifty 22, You are already a Moneycontrol Pro user. E-commerce expansion continued in the firm's existing 22 cities and expanded to an additional 10 new locations during the year, totalling stores.

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Fractional Ownership. Yearly Save V-Mart Retail opens new store at Bihar. Avenue Superma Avenue Supermarts Ltd. This will alert our moderators to take action Name Reason for reporting: Foul language Slanderous Inciting hatred against a certain community Others. The company also reported in its quarterly business update that the total number of stores as of December 31, , stood at Share this Comment: Post to Twitter. Unlock this story and enjoy all members-only benefits. ET TV. Brokerages have reduced their target prices on the stock. Limited Access. More Menu. The retail chain was expected to report a standalone net profit of Rs Investment Ideas.