Key Points
DMart Q2 Results Preview: According to the provisional numbers released by the owner of DMart hypermarket chain earlier this month, the companys standalone revenue increased by nearly 19% YoY in the September quarter to Rs 12,308 crore..
However, the net profit is expected to decline about 3% on year to Rs 666 crore, according to the average of estimates given by five brokerages.Agencies..
Despite a double-digit growth in revenue, Avenue Supermarts is likely to see its net profit for the quarter ended September 2023 decline on a year-on-year (YoY) basis..
Dalal Street investors will track the managements commentary on the outlook for the current quarter, given that festival season will drive discretionary spending and increase footfalls in stores...
Revenue per sq ft, which remained subdued in the recent past mainly due to the addition of larger store sizes and weak discretionary spending, is now seeing a pick-up, said analysts at Motilal Oswal Securities...
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