Avenue Supermarts, the operator of the DMart chain of stores, is feeling the pressure from quick-commerce channels as consumers turn to convenience and instant gratification for their grocery needs.
DMart’s shares fell by 8 percent in early trading on Monday, after its results were declared and it reported a slimmer than expected like-for-like sales growth. This metric shows sales growth ...
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Shares in India’s Avenue Supermarts Ltd., also known as Dmart, fell the most in over five years on concern that online competition was impacting the company’s current business model.
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For DMart, quick commerce threat comes to the fore Pallavi Pengonda 2 min read 14 Oct 2024, 03:24 PM IST Avenue typically adds more stores in the second half of the year.
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Avenue Supermarts (DMart) Q2 FY25 Results Preview: Avenue Supermarts (DMart) is expected to register an 8.0 per cent increase in its consolidated net profit to Rs 673 crore for the July-September ...
DMart Q2 Results: Avenue Supermart’s net profit rose 5.77 per cent to ₹659.58 crore in the July to September quarter of FY2024-25.(Aniruddha Chowdhury) “Overall H1 FY 2025 like-for-like ...