RESULTS

#Dmart - Weak results. Negative SSSG and Gross margin hit. Near-term margins will be impacted on absence of high margin and discretionary products.

#IRCTC - weak results. Nos higher on convenience fees not there in base quarter.

#Ircon - Srong results. Margins lower on RM costs

#SAIL - Strong results - Led by better realizations and lower costs. Working cap weakens. One offs aid EBITDA. Debt a concern

#IFB Agro - Weak results. EBITDA loss mainly on marine biz. Alcohol biz stable

#Dmart

Avenue Supermarts, the operator of retail chain DMart, has shelved plans to enter the cash-and-carry business due to the disruption cased by the pandemic, the Economic Times reported.

The company will focus largely on brick-and-mortar retailing for the time being

Dmart #AvenueSupermart forays into #Haryana; opens first #DMart store in Faridabad

Avenue Supermarts Limited Q2FY22 standalone revenue jumps to Rs. 7649.64 crores

#AvenueSupermarts #Q2FY22 #DMart #Revenue

DMART Q2FY22: Review
Results Largely In-Line
Revenue 7789 Cr vs Poll 7850 Cr
EBITDA 668 Cr vs Poll 667 Cr
Margins at 8.6% vs Poll 8.5%
PAT at 418 Cr vs Poll 435 Cr
#DMART #FMCGisLife #StockMarket

Avenue Supermarts Ltd announces Q2FY22, H1FY22 results

#AvenueSupermarts #DMart #INE192R01011 #DepartmentStores

#DMart reports #Q1 net profit at ₹658.7 cr vs CNBC-TV18 poll of ₹750 cr

CLSA initiates buy call on Avenue Supermart. Says private labels likely to drive the next leg of share gains. See #DMart stores increasing over 3x by FY34

#Trent overtakes #AvenueSupermarts (#DMart) in terms of market cap