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DMart Q4 net profit jumps 53%; over 80% stores disrupted by 2nd Covid wave

Total income rises 19% to Rs 7,460 cr

DMart
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A DMart store in Mumbai (Photo: Bloomberg)

BS Web Team
Avenue Supermarts, which owns the hyper-retail chain DMart, on Saturday reported 53% increase in consolidated net profit at Rs 414 crore for the quarter ending March 31, 2021. It was Rs 271 crore in the year-ago period. 

Total income rose 19% to Rs 7,460 crore from Rs 6,291 crore a year ago. 

Total revenue for the quarter ended March 31, 2021 stood at Rs 7,412 crore, as compared to Rs 6,256 crore in the same period last year. Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) in Q4FY21 stood at Rs 613 crore, as compared to Rs 417 crore in