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The hypermart chain operator beat D-Street estimates with a 19% rise in net profit to Rs 657 crore.
Avenue Supermarts reported a 19% year-on-year net profit rise to Rs 657 crore in Q4 FY26.
KEY POINTS
- Citi raised DMart's target price from Rs 3,150 to Rs 3,650 due to temporary demand spikes.
- Geopolitical tensions in March 2026 caused a significant but temporary increase in DMart sales.
- Morgan Stanley kept a Rs 5,188 target price despite DMart slightly missing margin expectations.
COMPANIES
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