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Avenue Supermarts

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Avenue Supermarts Q3 net jumps 65.8 pc on improved gross margins

Indiaretailing Bureau -
Avenue Supermarts, which runs the D-Mart supermarkets chain, has posted a 65.77 per cent jump in its net profit on account of overall increase in margin mix and improved operating costs. According to a PTI report: Its net profit stood...
Food

Avenue Supermarts post 47.6 pc jump in Q1 net profit

Indiaretailing Bureau -
Avenue Supermarts, which runs the D-Mart supermarkets chain, has posted a 47.6 per cent jump in its net profit at Rs 174.77 crore for the quarter ended June 30. According to a PTI report: The company had reported a net...
Food

Avenue Supermarts IPO oversubscribed 5.71 times on Day 2

Indiaretailing Bureau -
The initial public offer of Avenue Supermarts, the operator of retail chain D-Mart, to raise Rs 1,870 crore was oversubscribed 5.71 times on the second day of the offer. According to a PTI report: The IPO, the biggest since PNB...
Food

Avenue Supermarts IPO oversubscribed 1.22 times on Day 1

Indiaretailing Bureau -
The initial public offer (IPO) of Avenue Supermarts, the operator of retail chain D-Mart, was oversubscribed 1.22 times on the first day of the issue. According to a PTI report: The IPO received bids for 5,42,95,850 shares against the total...
Food

How DMart became a solid, homegrown regional supermarket chain in India

Damodar Mall -
Ritu Bhattacharjee works as a sales executive at an automobile dealership in South Mumbai and lives with her husband and six-year-old son in Powai in the geographical centre of Mumbai. “I love it here!” she says. “There is nothing...
Food

D-Mart owner Avenue Supermarts’ Rs 1,870-crore IPO to open on March 8

Indiaretailing Bureau -
Avenue Supermarts, the parent of the D-Mart chain of food and grocery supermarkets, on Wednesday announced that its initial public offering will hit the market on March 8 and close on March 10. The price band for the Rs 1,870-crore...
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