DMart Q4 preview: Profit may surge 50% YoY, margins may contract QoQ
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The chain of hypermarkets had in a filing to exchanges on April 5 suggested a standalone revenue growth of Rs 7,303.13 crore for the March quarter, up 17.91 per cent over Rs 6,193.53 crore in the same quarter last year.
TNN
Avenue Supermarts in its April business update suggested that due to the increased Covid-19 cases since March, several restrictions have been put in place in certain cities and towns where it operates.
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DMart) is expected to report a 50 per cent surge in year-on-year (YoY) net profit for the March quarter.
HDFC Securities Institutional Research said the prevailing lofty valuations factor in an uptick in credit, cost of funds tailwinds, and normalising credit costs in FY22.