Trent’s revenue grew well, but its fashion business saw slower sales in newer cities. The company plans to raise funds for expansion. Online sales growth also moderated. Operating margins have improved significantly. Trent’s stock has risen, with future performance depending on expansion execution.
DMart Q1 results: Cons PAT up 11% to Rs 860 crore, revenue rises to Rs 18,795 crore
Avenue Supermarts reported an 11.3% net profit increase for the June quarter. The company’s revenue from operations also saw a 14.9% year-on-year rise. EBITDA grew