DMart shares open 1% lower after margins fall in Q1

Avenue Supermart shares fell 1% in early trading on July 17 after the company reported a 140-basis-point decline in its EBITDA margin for the June quarter. The EBITDA margin for the April-June quarter was 8.9%, down 140 basis points from a year ago, the company said. Neville Noronha, Chief Executive Officer and Managing Director of …

DMart shares open 1% lower after margins fall in Q1 Read More »