Avenue Supermarts (DMart) shares jumped 13% after the company reported a 17.5% increase in standalone revenue for the third quarter of FY24. The retail giant’s revenue from operations stood at Rs 15,565.23 crore for the quarter ended December 31, 2024, compared to Rs 13,247.33 crore during the same period last year.
The company, which operates 387 stores as of December 2024, attributed the growth to strong performance across its retail outlets. Revenue for the quarter is subject to a limited review by statutory auditors.
Avenue Supermarts’ stock opened at ₹3,840, with a high of ₹4,110 and a low of ₹3,820. Over the past 52 weeks, the stock reached a high of ₹5,484.85 and a low of ₹3,399.
As of 9:34 AM, Avenue Supermarts shares were trading 13.37% higher at Rs 4,093.95.
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