Markets

D-Mart Q2 net surges twofold to ₹418 crore

Photo used for representational purpose only. A person walking into a D Mart at Bavajipet in Vijayawada. File   | Photo Credit: Ch. Vijaya Bhaskar

Avenue Supermarts Limited, which owns and operates the retail chain D-Mart, on Saturday reported a twofold increase in consolidated net profit to ₹417.76 crore for the second quarter ended September.

The company had posted a net profit of ₹198.53 crore in the July-September quarter a year earlier, Avenue Supermarts said in a filing. Revenue from operations rose 46.8% to ₹7,788.94 crore during the quarter under review.

“Total revenue for H1FY22 stood at ₹12,972 crore, as compared with ₹9,189 crore in the same period last year,” it said.

As of September 30, D-Mart had 246 stores.


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Printable version | Dec 5, 2021 3:48:18 AM | https://www.thehindu.com/business/markets/d-mart-q2-net-surges-twofold-to-418-crore/article37030392.ece

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