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Vmart Q3 Profit: V-Mart Retail Q3 profit up 41.3% at Rs 28.23 cr, revenue up 14.4% to Rs 889 cr, ET Retail

Vmart Q3 Profit: "Good festive demand in the quarter helped increase footfalls by 23 per cent reflecting an improved consumer sentiment. Winter season was delayed and remained muted during the quarter. Working capital improved with a decrease in inventory by 12 per cent from last quarter," said an earning statement from the company. ....

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Dmart: Avenue Supermarts' net profit rises 17% to Rs 690.41 crore in Q3 FY24, ET Retail

DMart s total revenue for the quarter ended December 31, 2023 rose to Rs 13,572 crore, as compared to Rs 11,569 crore in the same period last year. Neville Noronha, CEO and managing director, Avenue Supermarts Limited, said, “Contribution from general merchandise and apparel has stabilized and trends are encouraging post-Diwali. This time the festive season sales were lower than expected in Non-FMCG. Within FMCG, agri-staples (ex-edible oil) are going through significantly high inflation." ....

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DMart Q3 results: DMart Q3 results: Consol PAT up 17% YoY to Rs 691 crore, revenue sees similar growth

Earnings before interest, taxes, depreciation and amortization or EBITDA during the quarter grew by 16% YoY to Rs 1,119.89 crore. However, operating margin dipped marginally to 8.25% from 8.34% a year ago. ....

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DMart Q3 result preview: PAT may rise 23% YoY; gross margins to expand

Avenue Supermart is expected to report healthy growth in its consolidated revenues, with revenue for the quarter ended December estimated to grow 17-18%. Net profit is likely to rise around 23% YoY. Analysts expect DMart to report a gross margin of 14.1% and an EBITDA margin of 8.4%. Revenue growth for Dmart in Q3 is estimated at 17.2%. ....

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DMart Share Price Tumbled Over 5% After Lacklustre Q3 Results: Key Takeaways

Ace investor Radhakishan Damani-owned Avenue Supermarts Limited on Saturday reported a consolidated net of Rs 590 crore, a 6.7 per cent year-on-year rise, for the quarter ended December 2022. The final profit on the sheet was way below the estimated figure of Rs 672 crore. aaa ....

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