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Retailer D-Mart's Profit Jumps Multifold To Over Rs 640 Crore, Sales Almost Double
Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, on Saturday reported over six-fold jump in its consolidated net profit to Rs 642.89 crore for the quarter ended on June 30, 2022, helped by a "very good recovery" in overall sales and a comparative low YoY base.
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DMart's Ignatius Noronha Becomes A Billionaire
CEO of Avenue Supermarts Limited Ignatius Navil Noronha has become a billionaire professional manager after his wealth grew manifolds
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Stocks To Watch: HDFC Bank, Avenue Supermarts, Vodafone Idea, Route Mobile
The domestic stock markets are likely trade in green on Monday, building on the momentum witnessed last week. Trends on SGX Nifty also indicated a positive opening for the markets.
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DMart Net Profit More Than Doubles To Rs 418 Crore In September Quarter
Avenue Suparmarts - owner and operator of retail chain DMart, reported a net profit of Rs 418 crore on a consolidated basis, compared to Rs 199 crore in the corresponding month last year
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Stocks To Watch: Maruti Suzuki, Avenue Supermarts, Unichem Laboratories
Maruti Suzuki India has announced nationwide roll-out of its digital platform Maruti Suzuki Smart Finance to provide end-to-end online car financing solutions to its customers
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Avenue Supermarts Gains Over Over 5% On Rise In Q3 Net Profit
Avenue Supermarts reported a better-than-expected 16 per cent year-on-year rise in consolidated net profit at Rs 447 crore for the December quarter as against a profit of Rs 384 crore in the same quarter last year
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Sensex, Nifty Set To Open Higher; TCS, Avenue Supermarts In Focus
Tata Consultancy Services will be in focus after it reported a 7.2 per cent growth in profit at Rs 8,701 crore in the third quarter
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Stocks To Watch: TCS, Vedanta, Avenue Supermarts
The IT major reported a 7.2 per cent growth in profit at Rs 8,701 crore in the third quarter and revenue from the banking and finance industries jumped 7.6 per cent, on higher demand for cloud computing
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"Together, Will Overcome": PM After Rs 100 Crore Contribution To PM-CARES
India will certainly overcome the coronavirus, Prime Minister Narendra Modi tweeted today, in a tweet appreciating an outsized contribution by Avenue Supermarts founder Radhakishan Damani to the PM-CARES fund.
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From Coal India To IRCTC: These IPOs Saw Bumper Demand In 2010s
From Jubilant FoodWorks and Coal India in 2010 to IRCTC and Ujjivan Small Finance Bank in 2019, a number of companies have forayed into the Indian capital markets in the past 10 years. These companies' IPOs or initial public offers saw blockbuster investor interest, with subscription ranging from five times to as high as 243 times. Out of these, ei...
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Avenue Supermarts (DMart) Profit Rises 48% In September Quarter
Since its earnings for the first quarter of financial year 2019-20, DMart shares have risen 41.01 per cent as of Friday's close.
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Trading Calls: Buy RIL, Adani Ports, Arvind, Avenue Supermarts, Say Experts
Shares in the other Asian markets slipped with the MSCI's broadest index of Asia-Pacific shares outside Japan falling 0.1 per cent and Japan's Nikkei losing 1.0 per cent.
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Avenue Supermarts Q2 Net Profit Up 65.2%
This was led by 66 per cent year-on-year decline in interest expenses and increase in other income to Rs 21.2 crore in quarter versus Rs 8 crore in the first quarter of 2018, the company said.
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Lower Finance Cost Boosts D-Mart Q1 Net Profit By 48%
D-Mart, which was not a publicly traded firm in the year-ago period, had a net profit of Rs 118.44 crore.
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What If You Invested In D-Mart IPO? Rs 1,000 Would Have Become Rs 2,750
Avenue Supermarts on Saturday reported net profit of Rs 97 crore in March quarter compared with Rs 66 crore during the same period last year.
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Retailer D-Mart's Profit Jumps Multifold To Over Rs 640 Crore, Sales Almost Double
Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, on Saturday reported over six-fold jump in its consolidated net profit to Rs 642.89 crore for the quarter ended on June 30, 2022, helped by a "very good recovery" in overall sales and a comparative low YoY base.
-
DMart's Ignatius Noronha Becomes A Billionaire
CEO of Avenue Supermarts Limited Ignatius Navil Noronha has become a billionaire professional manager after his wealth grew manifolds
-
Stocks To Watch: HDFC Bank, Avenue Supermarts, Vodafone Idea, Route Mobile
The domestic stock markets are likely trade in green on Monday, building on the momentum witnessed last week. Trends on SGX Nifty also indicated a positive opening for the markets.
-
DMart Net Profit More Than Doubles To Rs 418 Crore In September Quarter
Avenue Suparmarts - owner and operator of retail chain DMart, reported a net profit of Rs 418 crore on a consolidated basis, compared to Rs 199 crore in the corresponding month last year
-
Stocks To Watch: Maruti Suzuki, Avenue Supermarts, Unichem Laboratories
Maruti Suzuki India has announced nationwide roll-out of its digital platform Maruti Suzuki Smart Finance to provide end-to-end online car financing solutions to its customers
-
Avenue Supermarts Gains Over Over 5% On Rise In Q3 Net Profit
Avenue Supermarts reported a better-than-expected 16 per cent year-on-year rise in consolidated net profit at Rs 447 crore for the December quarter as against a profit of Rs 384 crore in the same quarter last year
-
Sensex, Nifty Set To Open Higher; TCS, Avenue Supermarts In Focus
Tata Consultancy Services will be in focus after it reported a 7.2 per cent growth in profit at Rs 8,701 crore in the third quarter
-
Stocks To Watch: TCS, Vedanta, Avenue Supermarts
The IT major reported a 7.2 per cent growth in profit at Rs 8,701 crore in the third quarter and revenue from the banking and finance industries jumped 7.6 per cent, on higher demand for cloud computing
-
"Together, Will Overcome": PM After Rs 100 Crore Contribution To PM-CARES
India will certainly overcome the coronavirus, Prime Minister Narendra Modi tweeted today, in a tweet appreciating an outsized contribution by Avenue Supermarts founder Radhakishan Damani to the PM-CARES fund.
-
From Coal India To IRCTC: These IPOs Saw Bumper Demand In 2010s
From Jubilant FoodWorks and Coal India in 2010 to IRCTC and Ujjivan Small Finance Bank in 2019, a number of companies have forayed into the Indian capital markets in the past 10 years. These companies' IPOs or initial public offers saw blockbuster investor interest, with subscription ranging from five times to as high as 243 times. Out of these, ei...
-
Avenue Supermarts (DMart) Profit Rises 48% In September Quarter
Since its earnings for the first quarter of financial year 2019-20, DMart shares have risen 41.01 per cent as of Friday's close.
-
Trading Calls: Buy RIL, Adani Ports, Arvind, Avenue Supermarts, Say Experts
Shares in the other Asian markets slipped with the MSCI's broadest index of Asia-Pacific shares outside Japan falling 0.1 per cent and Japan's Nikkei losing 1.0 per cent.
-
Avenue Supermarts Q2 Net Profit Up 65.2%
This was led by 66 per cent year-on-year decline in interest expenses and increase in other income to Rs 21.2 crore in quarter versus Rs 8 crore in the first quarter of 2018, the company said.
-
Lower Finance Cost Boosts D-Mart Q1 Net Profit By 48%
D-Mart, which was not a publicly traded firm in the year-ago period, had a net profit of Rs 118.44 crore.
-
What If You Invested In D-Mart IPO? Rs 1,000 Would Have Become Rs 2,750
Avenue Supermarts on Saturday reported net profit of Rs 97 crore in March quarter compared with Rs 66 crore during the same period last year.
