Updated Jan 11, 2025 20:23 IST
The net profit of the retailer chain grew by 6.5 per cent to Rs 785 crore.
Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) in Q3FY25 stood at Rs.1,235 crore, as compared to Rs.1,121 crore in the corresponding quarter of last year.
However, EBITDA margin of the company seems to drop a little at 7.9% in Q3FY25 as compared to 8.5% in Q3FY24.
Basic Earnings per share (EPS) for Q3FY25 stood at Rs.12.06, as compared to Rs.11.32 for Q3FY24.
DMart’s 9MFY25 update
Total Revenue for 9MFY25 stood at Rs.43,327 crore, as compared to Rs.37,139 crore in the same period last year. Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) in 9MFY25 stood at Rs.3,561 crore, as compared to Rs.3,159 crore during 9MFY24. EBITDA margin stood at 8.2% in 9MFY25 as compared to 8.5% in 9MFY24.
Net Profit stood at Rs.2,307 crore for 9MFY25, as compared to Rs.2,091 crore in 9MFY24. PAT margin stood at 5.3% in 9MFY25 as compared to 5.6% in 9MFY24. Basic Earnings per share (EPS) for 9MFY25 stood at Rs.35.47, as compared to Rs.32.15 for 9MFY24.
D-Mart follows Everyday low cost – Everyday low price (EDLC-EDLP) strategy which aims at procuring goods at competitive prices, using operational and distribution efficiency and thereby delivering value for money to customers by selling at competitive prices.
New DMart’s MD and CEO announcement
Avenue Supermarts Limited, the parent company of DMart, announced today that Neville Noronha will not be offering his candidature for renewal of his role as the Managing Director and CEO at the conclusion of his current term in January 2026 – a year from now. After more than two decades of exceptional leadership and a glorious tenure at the helm of the business, Neville has chosen not to extend his contract. The Board of Directors honours his decision and expresses profound gratitude for his extraordinary contribution to the company.
The Board has appointed Anshul Asawa as the CEO Designate, effective March 15th, 2025.
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