Avenue Supermarts, the parent company of the retail chain DMart, reported its third-quarter results for the financial year 2026 on Saturday, posting an 18.3% year-on-year (YoY) growth in its consolidated profit after tax (PAT) at Rs 855.92 crore, up from Rs 723.72 crore in the same period last year. Meanwhile, the revenue from operations witnessed…
India’s largest NBFC Bajaj Finance reported a 15% year-on-year jump in new loans booked in the December-ended quarter to 1.39 crore compared to 1.21 crore in the year ago period. The company’s Assets under management (AUM) grew by 22% or Rs 23,600 crore to approximately Rs 4,85,900 crore in the quarter under review versus Rs…
Avenue Supermarts, which operates retail store chain DMart, on Saturday reported a 4% growth in its Q2 net profit at Rs 685 crore versus Rs 660 crore in the year ago period. The profit after tax (PAT) is attributable to the equity holders of the parent. The revenue from operations stood at Rs 16,676 crore,…
Avenue Supermarts Ltd, which operates the D-Mart retail chain stores, has raised Rs 100 crore in short-term debt through the issuance of commercial paper. The commercial paper, which has been issued on Monday and will mature after 91 days on December 29, 2025, bears a coupon rate of 6 per cent. The said commercial paper…
India’s largest NBFC Bajaj Finance has remained unscathed from the market downturn in 2025 so far. The same can be said for 44 other stocks from the BSE 500. Their combined market capitalisation has gone up by Rs 4.95 lakh crore on a year-to-date basis at a time when the m-cap of the index has…
After serving Avenue Supermarts for over two decades, one of India’s richest CEOs Neville Noronha has decided to not renew his candidature at the parent company of DMart chain of retail stores. His term in the company ends in January 2026, a year from now, after which Unilever‘s Anshul Asawa will fill in his shoes….
Avenue Supermarts, which operates the retail chain of DMart, on Saturday announced that its standalone Q3 revenue jumped 17.5% year-on-year (YoY) to Rs 15,565 crore while profit rose 6.5% YoY to Rs 785 crore. The retailer’s EBITDA margin fell to 7.9% in Q3FY25 as compared to 8.5% in Q3FY24 while the PAT margin also decreased…
Avenue Supermart’s stock shows a strong rebound from the support level near 3,400, with immediate resistance at 4,119 (38% Fibonacci retracement) and 4,340 (50%). The price is above the 20-day EMA, signaling short-term bullish momentum, but below the 50-day and 100-day EMAs, indicating a broader bearish trend. RSI near 70 suggests overbought conditions. Higher volumes…
Nifty ended Friday with a weekly decline of 0.20% dragged by bank and FMCG stocks. When markets resume trading on Monday, a host of important domestic and global events lined-up during the week are likely to impact them. On Friday, Nifty closed at 24,964.25, lower by 34.20 or 0.14%. The psychological support of 25,000 was…