D-Mart posts ₹856 crore Q3 profit: Revenue up 13% to ₹18,100 crore; The company’s shares rose only 4% in a year

D-Mart posts ₹856 crore Q3 profit: Revenue up 13% to ₹18,100 crore; The company’s shares rose only 4% in a year


Mumbai1 hour ago

  • copy link

Avenue Supermarts Limited, the company operating the retail chain D-Mart, has made a profit (consolidated net profit) of Rs 855.78 crore in the third quarter of the financial year 2025-26. It has increased by 18.27% on annual basis. In the same quarter last year also, the company had made a profit of ₹723.54 crore.

D-Mart generated revenue from operations of ₹18,100.88 crore in the October-December quarter. It has increased by 13.32% on annual basis. The company’s revenue in the same quarter last year was ₹ 15,972.55 crore. The money received from selling goods and services is revenue.

The company’s shares rose only 4% in a year

On Friday, shares of Avenue Super-Mart (D-Mart) closed at Rs 3,807, up 0.45%. The company’s shares have risen only 4% in a year. It has fallen 9% in the last 6 months and 1% in a month.

Damani is the founder of supermarket chain D-Mart.

Radhakishan Damani is the founder of supermarket chain D-Mart. He started D-Mart in 2002 from Powai area of ​​Mumbai. Here he opened the first store of D-Mart. In 1999, Damani had started a franchise of ‘Apna Bazaar’ in Nerul, New Mumbai, but he did not know the model.

D-Mart debuted in the stock market in 2017

The D-Mart supermarket chain is operated by Avenue Supermarts Limited (ASL). The CEO of Avenue Supermarts is Neville Noronha. 68-year-old Radhakishan Damani’s company D-Mart had debuted in the stock market in 2017.

D-Mart was listed in the stock market on 21 March 2017, on that day the company market cap was Rs 39,988 crore. Now the market cap of the company is Rs 2.48 lakh crore.

Read this news also…

NSE IPO may get SEBI approval this month: The public issue of the country’s largest stock exchange has been stuck for almost 10 years.

Market regulator SEBI can give the necessary ‘No Objection Certificate’ (NOC) to the National Stock Exchange (NSE) this month to launch its public issue. SEBI Chairman Tuhin Kant Pandey gave this indication while talking to journalists in Chennai on Saturday.

Tuhin Kant said that the regulator is in a very advanced stage of issuing NOC and this work can be completed this month. Once approved, the exchange will be able to start the process of filing its draft paper (DRHP). Read the full news…

There is more news…



Source link
[ad_3]

Leave a Reply

Your email address will not be published. Required fields are marked *