Avenue Supermarts Q3 results 2024: DMart may report rise in revenue, PAT on operating profit growth
Avenue Supermarts Q3 results today: The company results season for the third quarter of the financial year 2023-24 kickstarted on 11th January 2024. After the announcement of Q3 results 2024 by companies like Infosys, Tata Consultancy Services (TCS), Wipro, HCL Technologies, HDFC AMC, HDFC Life, Anand Rathi, JTL Industries, etc, Avenue Supermarts Ltd, which is doing business as DMart, is going to declare its Q3 results today.
Informing Indian exchanges about the board meeting and its agenda, Avenue Supermarts said in exchange filling, "Pursuant to Regulation 29 of the Securities & Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that meeting of the Board of Directors of the Company is scheduled to be held on Saturday, January 13, 2024 to, inter alia, consider and approve the Un-audited Standalone & Consolidated Financial Results of the Company for the quarter and nine months ended on December 31, 2023." According to experts, Radhakishan Damani's retail corporation has reported a decent business update for the October to December 2023 quarter. They said that the retail supermarket chain company is expected to register robust growth in operational business, which is a good sign for revenue growth of companies like DMart.
Experts went on to add that Radhakishan Damani's company may also deliver promising growth in profit during Q3FY24. Also Read: HCL Tech Q3 Results: Net profit rises 13.5% to ₹4,350 cr QoQ, revenue up 6.7% Speaking on the upcoming Avenue Supermarts Q3 results 2024, Amit Goel, Co-Founder & Chief Global Strategist at Pace 360 said, "We anticipate that the company's revenue is poised to rise by 5.95% on a quarter-on-quarter (QoQ) basis, reaching
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