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Avenue Supermarts Q2 results on Saturday: Here’s what to expect
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Avenue Supermarts Q2 results on Saturday: Here’s what to expect
Oct 12, 2018 3:40 AM

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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First Published:Oct 12, 2018 12:40 PM IST

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