Chinks in D-Mart’s armour? - News Summed Up
Chinks in D-Mart’s armour?

Chinks in D-Mart’s armour?

May 07, 2018 06:00 UTC

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Chinks in D-Mart’s armour?


Graphic: Ajay Negi/MintNot all of popular supermarket chain D-Mart’s operating parameters for financial year 2018 will enthuse investors. Take like-for-like (LFL) growth, for instance. Even so, FY18 LFL growth is relatively lukewarm. Further, store additions in FY18 at 24 stores, the highest additions in the last five years, are below D-Mart’s own expectations. As for the March quarter results, net profit growth of 73% year-on-year is impressive to say the least, helped primarily by interest cost savings.


Source: Mint May 07, 2018 06:00 UTC



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