May 18, 2024

Tannochbrae

Built Business Tough

D-Mart’s revenue up 46.6% to Rs 7,649.64 crore in second quarter

Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, has noted a forty six.6 for each cent boost in its standalone profits from functions at Rs 7,649.sixty four crore for the next quarter ended September 2021.

The business experienced a profits from functions of Rs 5,218.15 crore in the July-September quarter a year in the past, Avenue Supermarts informed the BSE in a regulatory submitting.

“Standalone profits from functions for the quarter ended (QE) September 30, 2021 stood at Rs 7,649.sixty four crore,” reported Avenue Supermarts in a regulatory submitting on Saturday.

Its complete variety of outlets as of September 30, 2021 stood at 246.

In the pre-pandemic July-September quarter of FY 2019-20, it experienced a profits of Rs 5,949.01 crore.

Promoted by Radhakishan Damani and his relatives, DMart retails essential house and personal products and solutions across marketplaces which consist of – Maharashtra, Gujarat, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, Chhattisgarh, NCR, Tamil Nadu, Punjab and Rajasthan.

(Only the headline and photograph of this report could have been reworked by the Business Standard employees the relaxation of the written content is vehicle-created from a syndicated feed.)

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