DMart Q4 Results: Net profit rises 8% YoY to Rs 505 crore; misses estimates

DMart Q4 Results: Net profit rises 8% YoY to Rs 505 crore; misses estimates

Radhakishan Damani-owned Avenue Supermarts, which runs the DMart chain of retail stores, today reported 8.33% YoY rise in March quarter standalone net profit at Rs 505.21 crore. The company’s revenue jumped 21.11% YoY to Rs 10,337.12 crore. While the topline was in-line with analyst estimates, as shown in an ET Now poll, PAT came in … Read more