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Avenue Supermarts

Avenue Supermarts Q4 net profit rises 22.39% to Rs 563 crore

Its consolidated total revenue for the quarter stood at Rs 12,727 crore compared to Rs 10,594 crore a year agoNew Delhi: Avenue Supermarts Ltd, which owns and operates D-Mart stores, on Saturday reported a 22.39 per cent rise in...

D-Mart’s Q3 net profit up 17% at Rs 690 crore

Its revenue from operations grew 17.31 per cent to Rs 13,572.47 crore during the quarter under review against Rs 11,569.05 crore in the corresponding quarter of the last fiscalNew Delhi: Avenue Supermarts Ltd, which owns and operates retail chain D-Mart,...

DMart buys space in Migsun’s upcoming mall in Rohini 

The retailer has acquired the project’s lower ground and first floors to set up a hypermarket storeNew Delhi: Supermarket chain DMart by Avenue Supermarts has bought a 47,000 sq. ft. space in Migsun’s upcoming mall in Rohini, Delhi for Rs...

Retail companies dominating the stock market

IndiaRetailing looks at some of the retail companies that made their mark on the stock marketsNew Delhi: The stock market has been a bumpy ride lately. After the last bull run in the beginning of 2020 when investors voted with their wallets to many initial...

Avenue Supermarts shares jump 6% after Q3 earnings

Shares of Avenue Supermarts gained nearly 6 per cent in early trade on Monday after the firm reported an increase of 16.39 per cent in its consolidated net profit for the third quarter ended December 2020. The stock jumped 5.47 per...

Radhakishan Damani sells stake in Tata Group's Trent

Promoter of Avenue Supermarts, Radhakishan Damani, and persons acting in concert (PACs), have trimmed their stake in Tata Group's retail arm Trent by selling over 28.22 lakh shares in the open market for an estimated sum of over Rs...

Amid e-tail battle, D-Mart turns 2 stores into fulfilment centres

As the e-commerce battle intensifies in India, with Reliance Retail's JioMart being the latest major entrant with a massive potential to disrupt the space, Radhakishan Damani-led D-Mart also is giving a major emphasis on the online segment. DMart has shut...

Avenue Supermarts Q4 profit rises 42 pc to Rs 271 cr

Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, on Saturday reported 41.60 percent rise in consolidated net profit at Rs 271.28 crore for the fourth quarter ended March 31, 2020. The company had a net profit of...

Radhakishan Damani contributes Rs 100 cr to PM CARES Fund

Promoter of Avenue Supermarts, Radhakishan Damani has contributed Rs 100 crore to the PM-CARES Fund for the fight against the coronavirus pandemic. He also contributed Rs 55 crore to several state relief funds. Damani has made the contribution through his...

Covid 19: Retailers roll out steps to maintain social distancing, sanitisation at stores

Big retailers, which are presently dispensing only essential items amid the lockdown, are taking precautionary measures like restricted entry and marked lines to maintain social distancing to avoid coronavirus infection at their stores. According to a PTI report: Some stores...
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Mad Over Donuts innovates donut experience with Augmented Reality (AR) interactive game

Users can scan the QR code to create and design the doughnuts New Delhi: Quick Service Restaurant chain (QSR) Mad...
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