Motilal Oswal
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Motilal Oswal
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October 12, 2018 12:40 PM | Earnings

Avenue Supermarts Q2 results on Saturday: Here’s what to expect


Shares of Avenue Supermarts rose nearly 3 percent today ahead of the retailer's earnings on Saturday.

It runs supermarket chain DMart, which sells everything from groceries and apparel to toys and games.

  • The street is bracing for a revenue growth of 28 percent; Rs 4500 crore on the topline for D-Mart.

  • EBITDA likely to grow a little bit better about 33 percent growth on the EBITDA for Rs 23 crore is on the cards and an EBTIDA margin expansion of 30 bps.

  • Over the last one year they have opened 25 new stores so that is something that will lead the revenue growth for Avenue Supermarts.

 

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