DMart Q4 Results Mixed, Profit Misses Estimates but Revenue and Margins Rise, Avenue Supermarts Hits 500 Stores and Announces Key Management Changes
Avenue Supermarts Limited (DMart) reported a mixed set of numbers for the March quarter, with profit missing estimates even as revenue growth remained robust and margins improved. Net profit for Q4 came in at ₹656.6 crore, below the CNBC-TV18 poll estimate of ₹680 crore. Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) stood at ₹1,210.5…
