Latest news with #AvenueSupermarts'
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Business Standard
11-07-2025
- Business
- Business Standard
Avenue Supermarts reports flat net profit in Q1FY26 despite revenue growth
Avenue Supermarts' consolidated net profit remained flat in Q1FY26 at Rs 773 crore. The company, which runs the DMart chain of supermarkets and hypermarkets, reported a 16.3% increase in revenue, reaching Rs 16,359.7 crore for the quarter ending in June. Neville Noronha, Chief Executive Officer & Managing Director of Avenue Supermarts, said in a statement that DMart stores two years and older grew by 7.1% in Q1FY26 compared to Q1FY25. 'Revenue growth impact of approximately 100-150 basis points was primarily due to high deflation in many staples and non-food products. Gross margins are lower compared to the same period last year due to continued competitive intensity within the FMCG space,' Noronha said. He added, 'Operating costs are higher due to our efforts to improve service levels, build capacity, and inflation in entry-level wages.'
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Business Standard
03-07-2025
- Business
- Business Standard
Competitive and margin pressures likely to cap upsides for DMart
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. Devangshu Datta Mumbai Listen to This Article The Street reacted negatively to Avenue Supermarts' (DMart) Q1FY26 pre-quarter update, with the stock down over 1 per cent at close. The standalone revenue of Rs 15,930 crore was up 16.2 per cent year-on-year (Y-o-Y) but was below analysts' estimates. On a quarter-on-quarter (Q-o-Q) basis, growth was 10.2 per cent. Net store additions stood at nine in the quarter, versus six in Q1FY25 and 28 in Q4FY25. The total store count reached 424. The same-store growth rate was around 3-4 per cent, while the implied or estimated operating profit margin was just below 8 per cent, compared to 8.7 per
News18
03-07-2025
- Business
- News18
Avenue Supermarts Shares Fall 3% After Radhakishan Damani's DMart Posts Q1 Business Update
Avenue Supermarts' share price declined by over 3% in the morning trades on Thursday. The Radhakishan Damani-promoted DMart announced its Q1 updates on Wednesday after market hours.
Time of India
07-05-2025
- Business
- Time of India
I-Sec maintains Reduce on Avenue Supermarts, revises target price to Rs 3,500
ICICI Securities has a 'Reduce' call for Avenue Supermarts. The target price is revised to Rs 3,500. Avenue Supermarts' revenue, EBITDA and PAT are expected to grow. The company reported a consolidated total income of Rs 14896.91 crore for the quarter ended March 31, 2025. Upside risks include better general merchandise recovery. Downside risk is lower retail expansion. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads (Disclaimer: Views and recommendations given in this section are the analysts' own and do not represent those of Please consult your financial adviser before taking any position in the stock/s mentioned.)
Fashion Network
05-05-2025
- Business
- Fashion Network
Avenue Supermarts' D-Mart sees profit margins dip to lowest rates in years in FY25 Q4
Avenue Supermarts' apparel, lifestyle, and groceries business D-Mart saw its profit margins drop in the fourth quarter of the 2025 financial year despite double digit revenue growth. The business also saw profits dip during the full 2025 fiscal year as India's modern retail landscape evolves. "Our revenue in Q4 FY25 grew by 16.7% over the previous year," said D-Mart's managing director and CEO Neville Noronha in a media statement about the business' quarterly results, ET Retail reported. "Profit after tax before prior period adjustments declined by 3.4% over the previous year and was not in line with sales growth." D-Mart reported a consolidated net profit of Rs 551 crore and a revenue total of Rs 14,872 crore for the fourth quarter of the 2025 financial year. This represents a profit after tax margin of 3.7% which is D-Mart's lowest quarterly profit after tax margin since the fourth quarter of the 2023 financial year. The business' earnings before interest, tax, depreciation, and amortisation margin was at 6.4% during the final quarter of the past fiscal year which was its lowest EBITDA rate in 12 quarters,nthe Economic Times reported. D-Mart's parent company Avenue Supermarts' consolidated profit after tax margin for the full 2025 financial year was at 4.6% with a consolidated EBITDA margin of 7.6%.
