Dmart q3 results: Radhakishan Damani-led Avenue Supermarkets Limited

Radhakishan Damani-led Avenue Supermarkets Limited, also known as DMart , reported on Saturday that its total revenue jumped 17.5 per cent YoY to Rs 15,565 crore for the quarter ending December 31, 2024. DMart Q3 Results: Net Profit Rises 17%, Revenue Up 17.31% | Avenue Supermarts Ltd.'s consolidated net profit surged 17% in Q3, reaching Rs 690.41 crore, surpassing analyst estimates. Revenue also saw a significant 17.31% increase, reflecting strong performance. Share price closed 0.57% higher on Friday. DMart reported a 17.5% rise in Q3 revenue and a 6.5% increase in profit, but saw a decline in EBITDA and PAT margins. The company also announced the departure of its CEO Neville Noronha and the appointment of Anshul Asawa as his successor. DMart, the retail chain operated by Avenue Supermarts, reported a 4.9 percent increase in consolidated net profit and a 17.6 percent growth in revenue for the December 2024 quarter. The company also announced the departure of its CEO Neville Noronha and the appointment of Unilever's Anshul Asawa as his successor.