Poging GOUD - Vrij
Investor optimism in DMart's CEO plan hinges on Q1 results
Mint Mumbai
|July 11, 2025
Same-store sales growth is expected to remain in the mid-to-high single-digit range for the June quarter
For Avenue Supermarts Ltd, the June quarter (Q1FY26) could serve as the first real test since its leadership transition was announced.
It has been nearly six months since the company, which operates the DMart retail chain, disclosed that long-time chief executive Neville Noronha would step down by January 2026. Anshul Asawa was named as the next CEO.
Since the announcement on 11 January 2025 through 9 July, the company's shares have risen about 25%, outperforming the BSE Sensex, which gained 12% during the same period. This suggests investors have so far supported the company's plan for a smooth leadership handover.
That optimism, however, may now be tested as Avenue Supermarts prepares to report its financial results for the April-June quarter.
Dit verhaal komt uit de July 11, 2025-editie van Mint Mumbai.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Mint Mumbai
Mint Mumbai
Govt spark likely for long energy storage
Support for long-duration energy storage to aid green power
2 mins
May 18, 2026
Mint Mumbai
Adani eyes an Apple model to scale up rapidly via vendors
Billionaire Gautam Adani is looking to outsource vast swathes of the group's operations to its vendors while conserving management bandwidth for strategy, research and finance, following the global playbook of multinationals such as Apple and Hyundai, which rely heavily on contract manufacturing to scale rapidly.
4 mins
May 18, 2026
Mint Mumbai
Rapido has innovated, we did it faster, says Uber CEO
Uber Technologies CEO Dara Khosrowshahi is no stranger to difficult transitions.
1 min
May 18, 2026
Mint Mumbai
FUEL FOR THOUGHT: CAN INDIA DRIVE ON 100% ETHANOL?
Brazil has done it. But India has a much bigger population and food needs
8 mins
May 18, 2026
Mint Mumbai
Chemical fertilizer cutbacks could aid Indian exports
Chemical fertilizers in India are heavily subsidized and import-dependent.
3 mins
May 18, 2026
Mint Mumbai
Monsoon advances towards Kerala
India’s weather office on Sunday said conditions are turning favourable for the further advance of the south-west monsoon over parts of the south-east Arabian Sea, south-west and south-east Bay of Bengal, the remaining areas of the Andaman Islands and Andaman Sea, and parts of the east-central Bay of Bengal over the next two to three days, even as large parts of north and central India brace for intensifying heatwave conditions.
1 min
May 18, 2026
Mint Mumbai
Like it or not, AI is likely to transform capitalism
This is not just another tech revolution. AI could alter how output is generated, resources are allocated and the ratio of what capital and labour earn. Let’s not get blindsided by it
3 mins
May 18, 2026
Mint Mumbai
Import curbs may raise silver ETF demand
The government's decision to curb silver bar imports could push exchange-traded funds (ETFs) tracking the white metal from trading at a discount to moving into a premium over spot prices, after two weeks, amid concerns of an impending supply squeeze, analysts said.
1 mins
May 18, 2026
Mint Mumbai
India, Netherlands ink 17 pacts, elevate ties
Driven by shifting global geopolitics, India and the Netherlands elevated their ties to a strategic partnership and inked 17 agreements to boost cooperation in defence, critical minerals and other key sectors during talks between Prime Minister Narendra Modi and his Dutch counterpart Rob Jetten.
1 min
May 18, 2026
Mint Mumbai
Planning a baby? Understand the limits of Day-1 newborn coverage
Maternity plans are often more valuable for newborn protection than for delivery-related reimbursement alone
4 mins
May 18, 2026
Listen
Translate
Change font size