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Avenue Supermarts Ltd

The legend of Radhakrishna Damani: The creator of DMart

Today, Damani's brainchild DMart is a nationwide network of over 200 stores Bengaluru: Nearly two decades and a year have passed since Radhakishan Damani, India's retail magnate, established DMart, a venture that propelled his wealth to ₹1,39,053 crores. With a pre-existing...

DMart’s Q4 net profit rises 7.8% to Rs 460 crore

DMart's revenue from operations was 20.57% higher at Rs 10,594.11 crore during the quarter under review as against Rs 8,786.45 crore in the corresponding quarter last fiscal New Delhi: Avenue Supermarts Ltd, which owns and operates the retail chain DMart,...

IMAGES Group Survey: Over 72 pc retailers turn to technology, e-commerce to increase revenue

Ever since COVID-19 broke out in India, IMAGES Retail has been bringing out analysis, reports, webinars discussing impact, challenges, recommendations and opinions from the retail industry experts and stalwarts to fight the crisis. In a recent survey conducted by the...

Stores recover 80 pc of pre-COVID sales: D-Mart

Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, on Saturday said it has recovered 80 per cent of its business in the stores, wherever it has been allowed to operate unhindered. However, discretionary consumption continues to be...

Avenue Supermarts reports 73 pc rise in Q4 net profit

Avenue Supermarts Ltd. (ASL), one of the largest food & grocery retailers in India, has declared its financial results for the quarter and year ended March 31, 2018. Total Revenue for the quarter ended March 31, 2018 stood at Rs...

D-Mart strikes gold by getting the basics of retail right

While majority of retailers, both brick-and- mortar and online are reeling under pressure to make their bottomlines positive, the low-profile Mumbai-based D-Mart has breathed life into the challenging retail sector as it debuted on the stock market with a bumper...
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