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DMart posts sharpest rise in 5 quarters, margins trump D-Street estimates

Net profit margin in Q1 stood at 5.8 per cent, higher than the 5.5 per cent reported a year ago and ahead of the 4.0-4.8 per cent range seen in the last three quarters

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DMart

Viveat Susan Pinto  |  Mumbai 



DMart

Avenue Supermarts, which runs the chain of stores in India, reported its sharpest rise in operating and net profit margins in five quarters, at the end of the June quarter (Q1FY20), beating Street estimates.

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First Published: Sun, July 14 2019. 00:06 IST

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