dmart share price: Stock to watch: DMart shares in focus on 8% YoY jump in Q2 PAT
Shares of Avenue Supermarts are likely to remain in focus on Monday following DMart stores operator’s Q2FY25 earnings which witnessed an 8% year-on-year jump in September quarter standalone net profit at Rs 710.37 crore versus Rs 658.54 crore reported in the year ago period.
Revenue from operation stood at Rs 14,050.32 crore, which was up by 14% over Rs 12,307.72 crore reported by the company in the year ago period.
The Q2 results were announced on Saturday.
However, profit after tax for the reported quarter was lower by over 12% from Rs 812.45 crore reported by the company in the April-June quarter. Meanwhile, revenue witnessed a sequential uptick over Rs 13,711.87 crore posted in Q1FY25.
On a consolidated basis, profit for the period…
