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D-Mart's Q4 net profit up 7.8% to Rs 460.1 crore, revenue up 20.5% to Rs 10,594 crore - Times of India

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[ad_1] NEW DELHI: Avenue Supermarts Ltd, which owns and operates the retail chain D-Mart, on Saturday reported an increase of 7.81 per cent in its consolidated net profit at Rs 460.10 crore for the fourth quarter ended March 31, 2023. The company had posted a net profit of Rs 426.75 crore in the January-March quarter a year ago, said Avenue Supermarts in a BSE filing. Its revenue from operations was up 20.57 per cent to Rs 10,594.11 crore during the quarter under review as against Rs 8,786.45 crore in the corresponding quarter last fiscal. Avenue Supermarts' total expenses were at Rs 10,002.21 crore, up 21.82 per cent in Q4/FY 23, as against Rs 8,210.13 crore in the corresponding quarter. Total income of Avenue Supermarts in the March quarter was at Rs 10,627.18 crore, up 20.5 per cent. For the fiscal year ended March 2023, Avenue Supermarts's net profit was up 59.36 per cent at Rs 2,378.34 crore. It had reported a net profit of Rs 1,492.40 crore in the previous fiscal.

Stocks to Watch: HDFC Bank, Tata Steel, DMart, SBI, Bandhan Bank, ONGC, and Others - News18

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[ad_1] Stocks to watch out for on July 17 Stocks to watch: Shares of firms like HDFC Bank, Tata Steel, DMart, SBI, Bandhan Bank, ONGC, and others will be in focus on Monday's trade. Stocks to Watch on July 17:  Nifty futures traded 7.5 points, or 0.04 per cent, higher at 19,626.50, signaling that Dalal Street was headed for a flat start on Monday. Here’s a slew of stocks that will be in focus today for various reasons. Results today: HDFC Bank, LTIMindtree, Tata Elxsi, Crisil, Central Bank of India, Choice International, Hathway Cable, among others will report the April-June quarter results of fiscal year 2023-24 (Q1FY24). Tata Steel: The management said that the company plans to explore opportunities in the battery-minerals-related segment, including lithium through their Natural Resources division. This divison is one of the 14 companies listed as notified private exploration agencies by the Ministry of Mines. Angel One: The National Stock Exchange (NSE) has slapped Rs 1.