Avenue Supermarts

As the e-commerce battle intensifies in India, with Reliance Retail's JioMart being the latest major entrant with a massive potential to disrupt the space, Radhakishan Damani-led D-Mart also is giving a major emphasis on the online segment. DMart has shut...

Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, on Saturday reported 41.60 percent rise in consolidated net profit at Rs 271.28 crore for the fourth quarter ended March 31, 2020. The company had a net profit of...

Promoter of Avenue Supermarts, Radhakishan Damani has contributed Rs 100 crore to the PM-CARES Fund for the fight against the coronavirus pandemic. He also contributed Rs 55 crore to several state relief funds. Damani has made the contribution through his...

Big retailers, which are presently dispensing only essential items amid the lockdown, are taking precautionary measures like restricted entry and marked lines to maintain social distancing to avoid coronavirus infection at their stores. According to a PTI report: Some stores...

Avenue Supermarts, which runs the D-Mart supermarkets chain, has posted 18.1 percent jump in its net profit to Rs 225.7 crore for the quarter ended September 30.According to a PTI report: The company had reported a net profit of...

Avenue Supermarts' billionaire promoter Radhakishan Shivkishan Damani has sold 47.30 lakh shares of the company for over Rs 643 crore, through an open market transaction.According to the bulk deal data available with BSE, Damani offloaded 47.30 lakh shares, amounting...

The Indian organised retail sector has seen a dream run in the past 1.5 years, on the back of valuation re-rating led by Avenue Supermarts listing, operations improvement in business performance and consolidation.We believe that Indian organised retail is...

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...

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...

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...