 "DMart")
Avenue Supermarts (DMart) on Saturday reported 24.6% rise in standalone net profit at Rs 586 crore for the quarter ending December 31, 2021. The Radhakishan Damani-promoted retail chain reported standalone net profit of Rs 470 crore a year ago.
Standalone revenue from operations rose 22% to Rs 9,065 crore as againt Rs 7,432 crore a year ago.
On Friday, Avenue Supermarts' scrip on BSE closed 0.5% higher at R 4,730.
Neville Noronha, CEO & Managing Director, Avenue Supermarts Limited, said: “Revenue in the DMart stores grew by 22.0% in this quarter over the corresponding quarter of last year. Overall gross
