Versuchen GOLD - Frei

Quick commerce rivals are coming after DMart's turf

Mint Hyderabad

|

May 06, 2025

Stressed Out

- Pallavi Pengonda

Avenue Supermarts Ltd, the DMart supermarket chain operator, saw its challenges mount in the March quarter (Q4FY25), resulting in worsening pressure on operating profit margin. The grocery retailer contended with heightened competition in the fast-moving consumer goods (FMCG) space, which eroded its gross margin; a surge in entry-level wages driven by a skilled labour shortage; and ongoing investments to enhance service levels.

Put together, these factors dragged down Avenue's standalone Ebitda margin to 6.8%, the lowest in the past ten quarters at least. The metric was down 80 basis points (bps) year-on-year in Q4, versus 53bps and 27bps drop in Q3 and Q2, respectively.

WEITERE GESCHICHTEN VON Mint Hyderabad

Mint Hyderabad

Microsoft, Nvidia to invest $15 bn in Anthropic

Microsoft Corp. and Nvidia Corp. are committing to invest upto a combined $15 billion in Anthropic PBC, in a move that ties the AI developer closer to two of the biggest backers for its rival OpenAI.

time to read

1 min

November 19, 2025

Mint Hyderabad

Mint Hyderabad

Google rolls out Gemini-3, with assurance it will localize India data

Google on Tuesday unveiled Gemini-3, its newest foundational artificial intelligence (AI) model, with a key assurance for India: all data generated by users of its advanced platform will stay within the country's borders.

time to read

2 mins

November 19, 2025

Mint Hyderabad

Mint Hyderabad

Tech leaders think AI is smart but chimps may beg to differ

Don't underestimate other primates in all the excitement over AI

time to read

3 mins

November 19, 2025

Mint Hyderabad

Amazon, Microsoft clouds to face tougher EU rules

Amazon and Microsoft's cloud services may face stricter European Union (EU) competition rules as Brussels probes their market power, the bloc's tech chief said on Tuesday.

time to read

1 mins

November 19, 2025

Mint Hyderabad

China's unprecedented investment collapse puzzles economists and threatens growth

China’s collapsing investment is as unprecedented as it is hard to explain.

time to read

4 mins

November 19, 2025

Mint Hyderabad

Climate talks turn to risks of extracting critical minerals

Nations are edging closer to sounding the alarm about the perils of extracting and processing critical minerals

time to read

2 mins

November 19, 2025

Mint Hyderabad

Mint Hyderabad

Sensex rally stands on shaky ground

When the Sensex closed at a new 52-week high on 29 October, it painted a picture of a market in full bloom. But beneath the surface of this headline-grabbing milestone lies a fractured and sobering reality, a Mint analysis reveals.

time to read

3 mins

November 19, 2025

Mint Hyderabad

Xiaomi’s EV business registers a profit for the first time

Xiaomi Corp. reported quarterly profit from its electric vehicle (EV) business for the first time, a major milestone for the smartphone maker's ambitious foray into the crowded market.

time to read

1 min

November 19, 2025

Mint Hyderabad

Mint Hyderabad

BSNL losses widen on depreciation, high finance costs

State-owned Bharat Sanchar Nigam Ltd (BSNL) reported a loss for the second straight quarter in the current fiscal year after a brief return to profitability in the last two quarters of fiscal 2025.

time to read

1 mins

November 19, 2025

Mint Hyderabad

Handloom, textile, sugar firms get respite on quality rules

The Bureau of Indian Standards (BIS) on Monday pushed back enforcement of its newly-amended standards for handloom cotton muslin and handloom cotton mix sarees to May 2026, offering relief to weavers who faced steep costs from stricter fibre rules, new testing methods and fresh certification requirements.

time to read

1 mins

November 19, 2025

Listen

Translate

Share

-
+

Change font size