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DMart: DMart Q4 preview: Profit may surge 50% YoY, margins may contract QoQ

DMart Q4 preview: Profit may surge 50% YoY, margins may contract QoQ SECTIONS Share Synopsis 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. Related NSE DMart) is expected to report a 50 per cent surge in year-on-year (YoY) net profit for the March quarter.

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