Avenue Supermarts Q3 Preview: DMart revenue growth will stall, but net profit may increase 16% year on year

Avenue Supermarts Q3 Preview: DMart revenue growth will stall, but net profit may increase 16% year on year

Avenue Supermarts Q3 Preview: Brokers estimate that even though the festival season fell into Q3FY24 rather than Q2, discretionary consumption remained poor from October to December. Avenue Supermarts is expected to see reduced revenue growth in the third quarter of its fiscal year due to a decline in input prices and weak festive demand. Based…

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