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Food

Avenue Supermarts reports net profit of Rs 97 crore for Q4FY17

Indiaretailing Bureau -
Avenue Supermarts Ltd. (ASL) has declared its financial results for the fourth quarter and full year ended March 31, 2017. The company reported net profit of Rs 97 crore for Q4FY17, as compared to Rs 66 crore in the corresponding...
Food

D’Mart: Balancing the ownership vs. leasing act

Pankaj Renjhen -
The recently-closed Rs. 1,870-crore D’Mart public offering got listed at Rs. 604.40 - a 102.14% premium over its issue price of Rs. 299 per share. It received bids for 463.61 crore shares against the total issue size of 4.43...
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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The Luxottica report card for 2022

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