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DMart Q4 Results: PAT grows 22% YoY to Rs 563 crore, revenue up 20%

The profit was Rs 460 crore in the corresponding quarter of the previous financial year. The retailer s EBITDA rose 22.3% YoY to Rs 943 crore while its operating profit margin also a growth of 13 bps at 7.41%. ....

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Maharashtra based supermarket chain Patel Retail Limited files DRHP for IPO

Maharashtra based supermarket chain Patel Retail Limited files DRHP for IPO
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D-Mart's Radhakishan Damani buys Bangalore-based Health & Glow for Rs 750 cr: Report

Damani, who has a net worth of $15 billion as of April 4, 2023, has reportedly bought the personal care retail chain from the family offices of Rajan Raheja and Hemendra Kothari. ....

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Avenue Supermarts Q1 PAT soars 137% YoY to Rs 95 cr

On a consolidated basis, Avenue Supermarts posted a 137.9% jump in net profit to Rs 95.36 crore on 33.5% rise in net sales to Rs 5,183.12 crore in Q1 FY22 over Q1 FY21.Profit before tax soared 133.7% to Rs 137.36 crore in Q1 FY22 from Rs 58.77 crore posted in Q1 FY21. EBITDA in Q1 FY22 stood at Rs 224 crore, as compared to Rs 112 crore in the corresponding quarter of last year. EBITDA margin stood at 4.3% in Q1 FY22 as compared to 2.9% in Q1 FY21.
D-Mart follows Everyday low cost - Everyday low price (EDLC-EDLP) strategy which aims at procuring goods at competitive price, using operational and distribution efficiency and thereby delivering value for money to customers by selling at competitive prices. ....

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Disruptions in store operations impacting revenue, says D-Mart

Read more about Disruptions in store operations impacting revenue, says D-Mart on Business Standard. The firm said it may face an excess in inventory ....

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