Anshul Asawa To Take Over As CEO Of DMart Parent Avenue Supermarts
Anshul Asawa will assume charge as CEO of Avenue Supermarts, the parent company of DMart, from 1 February 2026, following a planned leadership transition.
Anshul Asawa will assume charge as CEO of Avenue Supermarts, the parent company of DMart, from 1 February 2026, following a planned leadership transition.
Jhandewalas Foods Reports Rs 2 Crore Sales for Naman Ghee in Jaipur DMart
However, total revenue for the quarter ended 31 March 2025 stood at Rs 14,872 crore, as compared to Rs 12,727 crore in the same period last year
The company’s net profit margin stood at 4.5 per cent in the third quarter of current fiscal (Q3FY25) as compared to 5.1 per cent in Q3FY24
Vishal Mega Mart is reportedly planning a USD 1 billion initial public offering (IPO) that would value the company at up to USD 5 billion. The IPO proceeds are intended to fund the addition of new stores, according to sources familiar with the matter as reported by Reuters. Switzerland’s Partners Group and India’s Kedaara Capital, […]
DMart, operated by Mumbai-based Avenue Supermarts, disclosed a standalone revenue of Rs 13,247.33 crore for the quarter ending 31 December 2023, marking a 17.19 per cent surge from the previous year’s Rs 11,304.58 crore. Comparatively, this revenue figure surpasses both the Rs 9,065.02 crore reported in the same quarter of 2021 and the Rs 7,432.69 […]
Avenue Supermarts, the owner and operator of the retail chain DMart, reported an 18.51% increase in standalone revenue from operations, reaching Rs 12,307.72 crore in the second quarter of the current fiscal year. This compares to the revenue from operations of Rs 10,384.66 crore in the same period the previous year, as stated in a […]
Avenue Supermarts, which runs the retail chain DMart on Saturday reported a 2 per cent year-on-year (YoY) rise in its consolidated net profit at Rs 6,58.71 crore for the first quarter of the financial year 2023-24. Its standalone net profit rose 2.2 per cent at Rs.695 crore for Q1FY24, compared to Rs. 680 crore in […]
DMart retail chain operator Avenue Supermarts share fell by 4.7 per cent on Monday after the company’s basis-point decline in the March quarter operating margins on 13 May 2023. The company’s margin fell from 8.4 per cent in the same period last year to 7.3 per cent this year. Its EBITDA growth also stood relatively […]