DMart Q2 FY25 Results Preview: Avenue Supermarts PAT likely to rise 8%, margin may slip 50 bps
Avenue Supermarts (DMart) Q2 FY25 Results Preview: Avenue Supermarts (DMart) is expected to register an 8.0 per cent increase in its consolidated net profit to Rs 673 crore for the July-September period, according to Zee Business research. Read on to learn more on what you can expect in the supermarket operator's upcoming quarterly earnings report.
Avenue Supermarts (DMart) Q2 FY25 Results Preview: Mumbai-headquartered Avenue Supermarts—which owns and operates the DMart retail store chain—is set to report its financial results for the July-September period on Saturday, October 12. Analysts expect the company to stage a largely strong financial performance.
DMart Q2 FY25 Results: What to expect in top-line and bottom-line?
According to Zee Business research, Avenue Supermarts is expected to register a consolidated net profit of Rs 673 crore for the July-September period, which translates to an increase of 8.0 per cent compared with the corresponding quarter a year ago.
The analysts estimate the supermarket chain operator's second-quarter revenue at Rs 14,442 crore, up 14.4 per cent on a year-on-year basis.
Avenue Supermarts Q2 FY25 Earnings: What to expect on the operational front?
Zee Business analysts peg the company's margin—a key measure of profitability—at 7.5 per cent in Q2 of FY25 as against 8 per cent for the quarter ended September 30, 2023.
DMart is expected to register 7.6 per cent growth in its quarterly earnings before interest, taxes, depreciation and amortisation (EBITDA) to Rs 1,082 crore, according to the research.
DMart Q2 Results: Other key things to watch out for
Analysts say that three things will be particularly in focus in the company's September-quarter earnings report.
- Store expansion
- Margin
- Online business
DMart Shares
On Friday, DMart shares ended 0.7 per cent lower at Rs 4,572.4 apiece on BSE amid overall weakness on Dalal Street.
As of October 11, Avenue Supermarts shares have risen 12.4 per cent in 2024 so far, almost in tandem with a 14.8 per cent rise in the headline Nifty50 index.
DMart: What does the company do?
A one-stop supermarket chain, DMart provides a range of home and personal products, including utility products such as food, toiletries, beauty products, garments, kitchenware, bed and bath linen, and home appliances.
From the launch of its first store in Powai, Mumbai, in 2002, DMart today has a well-established presence in 375 locations across Maharashtra, Gujarat, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, Chhattisgarh, the NCR, Tamil Nadu, Punjab and Rajasthan, according to its website.
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