Avenue Supermarts, which runs the D-Mart supermarkets chain, today posted 18.1 per cent jump in its net profit to Rs 225.7 crore for the quarter ended September 30.
The company had reported a net profit of Rs 191.04 crore in the corresponding quarter a year ago.
Its revenue from operations in the quarter under review stood at Rs 4,872.5 crore, up 38.9 per cent, as against Rs 3,506.9 crore in the year-ago period, Avenue Supermarts said in a BSE filing.
Basic earnings per share (EPS) for the reported quarter was at Rs 3.62 as compared to Rs 3.06 in the year-ago period.
"Our revenue growth in Q2 is a reflection of these price cuts," he added.
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