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DMart parent Avenue Supermarts' Q2 EBITDA margin slips to 7.3%, below 7.7% poll estimate; shares fall 4%

Avenue Supermarts (DMart) had an EBITDA margin of 7.6% a year earlier, so the September-quarter figure is a decline. Its shares fell as much as 4% on 12 October, after results released over the weekend.

September-quarter EBITDA margin against a year earlier; poll estimate was 7.7%
Q2 a year earlier7.6%
Q2 September quarter7.3%

What we verified

Checked against the other reports of this story.

Background

Later reports that look back at earlier events in this story, newest first. They add context; nothing on this page has changed.

  1. Read the report at Moneycontrol

    Resurfacing a 13 July note: ICICI Securities cuts Avenue Supermarts target to Rs 3,700 from Rs 4,200, keeps Hold

On the record

Earlier DMart reports on RetailIntel, newest first.

  1. : Jefferies cuts DMart target to Rs 4000 from Rs 4500 after Q2 margin miss; Citi trims to Rs 3250

The source

Source Read the source at CNBC-TV18

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