Shares of Avenue Supermarts, which owns and operates the DMart stores, hit a two-year high of Rs 4,710.15 as they surged nearly 6 per cent on the BSE in Thursday's (April 4) intraday trade after reporting strong revenue growth in the January-March quarter (Q4) of the previous financial year (FY24). DMart, in the Q4FY24 pre-quarter update, said the company reported 20 per cent growth in standalone revenue from operations at Rs 12,393 crore, as against Rs 10,337 crore in the third quarter (Q3) of 2022-23 (FY23), driven by a 7 per cent growth in revenue per store and a robust 13 per cent year-on-year (Y-o-Y) increase in store additions. In Q3 of 2021-22, the company reported revenue of Rs 8,606 crore and in Q3 of 2020-21, it posted revenue of Rs 7,303 crore.
Discount retailer DMart (Avenue Supermarts) hit its highest levels in a year and a half last week and is up over 11 per cent in the last one month. The company depends on low operating costs to offer the lowest prices to consumers, which enables sales velocity and scale, further reducing costs. This virtuous feedback loop has helped DMart gain market share in a sector dominated by unorganised stores.
Images from English Premier League matches played on Sunday.
'We don't know how and why this happened as the route interlock signal works fine millions of times every day across India.'
Amid tension with Pakistan on the recent spurt of violence at the Line of Control, Prime Minister Manmohan Singh on Monday spoke to Bharatiya Janata Party leaders Arun Jaitley and Sushma Swaraj and assured them that the Opposition would be kept in the loop over the situation.
All-rounder Rachin Ravindra continued to bolster his reputation with three for 33 as New Zealand reduced a weakened but battling South Africa side to 220 for six on the first day of the second Test at Seddon Park on Tuesday.
IMAGES from the WPL encounter played between Royal Challengers Bangalore and UP Warriorz on Saturday
Kareena Kapoor knows just how to rock her fashion.
'I have been speaking to him on the phone. So he is very much in the line.'
n own goal by Jakub Kiwior and a thumping late strike by Luis Diaz sealed a 2-0 victory for Liverpool at Arsenal
From Mumbai to Silvassa in Daman, and back.
Metz draw at Marseille to end losing streak
Aadujeevitham marks a new direction for Malayalam cinema, where ambition meets resources and the right people, all in favour of stories that deserve to be told on the biggest stage of them all, notes Arjun Menon.
According to ISRO officials, the spacecraft will be placed in a halo orbit around Lagrange point 1 (L1) of the Sun-Earth system, about 1.5 million km from the Earth. The L1 point is about one per cent of the total distance between the Earth and the Sun.
The Indian Space Research Organisation (ISRO) will perform the final manoeuvre on Saturday to inject Aditya-L1 spacecraft -- the first space-based Indian observatory to study the Sun -- into its final destination orbit, some 1.5 million kilometres from the Earth.
The contents of the report could not be immediately ascertained.
Pakistan showcased resilience with Rizwan contributing a powerful 88 runs
The Cairo World Cup will be held in all three disciplines -- pistol, rifle and shotgun -- and will conclude on February 1.
IMAGES from Premier League matches played on Saturday.
'Imagine what will happen when a train running at 128 kmph moves onto a track that is meant to have only a speed less than 30 kmph!' 'Naturally, it will derail, and the coaches will go for a tailspin.'
Thousands of farmers from around 100 villages of Noida and Greater Noida on Thursday took to the streets seeking hiked compensation, bringing traffic to a standstill in several parts of Delhi-NCR as they made an unsuccessful bid to march towards Parliament.
Images from Day 2 of the fourth Test between India and England in Rajkot on Saturday, February 24.
They described the functioning of the interlocking system which prima facie seemed to have been part of the problem which led to the accident, in which at least 275 people were killed.
What follows is essentially a long scene set in a single location, and you watch in amazement as the scene grows into one of Indian cinema's funniest and most spectacular pieces of sustained craftsmanship, accumulating emotional power and subtext, growing wings and claws, becoming its own beast, applauds Sreehari Nair.
Comedies are a difficult genre to pull off in today's day and age, thanks to the audiences' increasing exposure to diverse content and dwindling attention spans. Still, there are quite a few Tamil movies that can bring on the laughs. Arjun Menon lists the recent releases you can watch at home.
Tottenham Hotspur hammered 10-man Aston Villa 4-0 in the Premier League on Sunday thanks to four second-half goals, allowing them to close the gap with their Birmingham rivals to two points in the chase for Champions League football next season.
Anweshipin Kandettum is a fascinating genre exercise let down by its incessant attention to details, observes Arjun Menon.
Manjummel Boys gets so many things right, applauds Arjun Menon.
Rohit's men start overwhelming favourites but Shaheen, rain pose threat
The engine driver and the guard of the goods trains, however, escaped unhurt, the official added.
Bayern Munich striker Harry Kane arrived in Germany on a record-breaking transfer and his sensational goal-scoring run this season has already exceeded expectations and turned him into an instant fan favourite.
'It was a sight that I will never forget. God help the families. My condolences'
The Lagrange point 1 (L1) of the Sun-Earth system is about 1.5 million km from the Earth. It is about one per cent of the total distance between the Earth and the Sun.
Arjun Menon looks at some Tamil films from the last decade that tick all the right boxes, and lists where you can watch them.
Eveready Industries India will launch a new category in Financial Year 2024-25 (FY25) as it works to double revenue, said a senior executive of the country's largest dry cell battery maker. It could be an adjacency or a new product under the Eveready brand and a final decision is expected by the end of this financial year. "We are currently working on that exercise; it's on the drawing board," said Suvamoy Saha, managing director of Eveready.
As photographs and video clips were distributed on social media, aviation security watchdog BCAS issued show cause notices to IndiGo and Mumbai airport operator MIAL over the incident, official sources said on Tuesday.
Merry Christmas has a breathtaking climax that will have you sighing like you've never sighed in a Sriram Raghavan movie before, applauds Sukanya Verma.
Reliance Jio Infocomm (RJIL) has written to the Telecom Regulatory Authority of India (Trai) stating that a recent complaint against it by Bharti Airtel is a deliberate, malicious attempt at defaming RJIL's consumer-friendly tariff. RJIL has also asked the regulator to warn Airtel against 'making such frivolous complaints in the future'. The move is in response to Airtel recently requesting Trai to bring content aired through broadband under the regulatory fold and keep a check against discriminatory bundling tactics.
'Sanjay Leela Bhansali's historical characters behave as though they are already aware of the chapters that will be dedicated to them and the sonnets that will be written in their memory.' 'And yet, they talk relentlessly about making and remaking history.' 'Can anything be more superficial?' asks Sreehari Nair.
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