Avenue Supermarts Q1 net profit surges six fold to Rs 680 crore ...Middle East

Opinion by : (Devdiscourse) -
Avenue Supermarts Limited, which owns and operates the hypermarkets chain D-Mart, on Saturday reported a standalone net profit of Rs 680 crore for the first quarter of the current financial year as compared to Rs 115 crore recorded in the same period of last year, registering almost six-fold jump. The company's total revenue surged by 94.9 per cent year-on-year to Rs 9,807 crore for the quarter ended June 30, 2022, as compared to Rs 5,032 crore recorded in the same period last year.

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