- DMart’s net income for the second quarter was 7.10 billion rupees, representing a 7.7% year-over-year increase.
- Net income fell short of estimates, which were pegged at 7.78 billion rupees.
- Revenue achieved was exactly as expected at 140.5 billion rupees, marking a 14% increase from the previous year.
- Total costs for the quarter rose by 15% year-over-year to 131.4 billion rupees.
- Other income recorded a slight increase of 1.9%, amounting to 465 million rupees.
- The company has mixed analyst recommendations: 14 buys, 5 holds, and 8 sells.
A look at Avenue Supermarts Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Avenue Supermarts Ltd shows a promising long-term outlook. With a strong focus on growth and resilience, the company scored well in these areas, indicating its potential for sustained performance. Avenue Supermarts also received a decent score for momentum, suggesting positive market sentiment towards the company’s future prospects. However, its scores in terms of value and dividend were lower, indicating that investors may need to consider other factors beyond these traditional metrics when evaluating Avenue Supermarts as an investment opportunity.
Avenue Supermarts Ltd, which owns and operates hypermarkets and supermarkets across India, offers a wide range of products to its customers, including garments, household items, electronics, and groceries. With a solid emphasis on growth and resilience, the company has positioned itself well to navigate challenges and capitalize on opportunities in the retail sector. While investors may need to weigh the lower scores in value and dividend, Avenue Supermarts’ focus on growth and momentum could make it an appealing choice for those seeking long-term capital appreciation.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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