Mass-market low-cost retailer DMart has reported a surprisingly strong financial performance for its third quarter, with its net profit jumping 53.3% YoY to Rs 394 crore for the quarter. The growth was driven in part by a cut in corporate tax rates. Revenue grew nearly 23.8% to Rs 6,752 crore YoY, beating analyst estimates of Rs 6,651 crore for the December quarter. 

EBITDA growth was at 29.9% YoY, against analyst expectations that this would stay flat on increased competition and weak consumer sentiment. DMart is on 10 stock screeners in Trendlyne. See the full results analyzer.