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D-MART Q3 reported
On Saturday Avenue Supermarts reported consolidated profit after tax rose by 6.7 per cent to ₹589.68 crore for the quarter ended December 2022. This profit of ₹552.56 is against the corresponding quarter last fiscal.
Mr.Radhakishan Damani-owned company which runs D-MART chain, reported revenue from operations was up by 25 percent to ₹11,569.05 as against ₹9,217.76 in the corresponding quarter in the last fiscal. This stock was falling when the company showed company demo reports.
Should we hold Avenue Supermarket, and D-mart for long-term investments?
Yes. DMart Q3: Profit up by 6.6% to ₹589.68 cr, revenue rises by 25% in revenue from operations. So, we can hold the share if we are long-term investors, this stock can become our multi-bagger share.
Open Your Demat Account with Discount Brokers:
ZERODHA 1) : https://zerodha.com/open-account?c=EJ4366
Angelone 2) : https://tinyurl.com/2gloc3g6 or
Upstox3): https://link.upstox.com/9w4tNo1rK8au7VK47
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