1. DMart expands to 518 stores as quarterly revenue crosses ₹19,600 crore

DMart expands to 518 stores as quarterly revenue crosses ₹19,600 crore

Business

  • DMart reported an 18% rise in revenue to ₹19,644 crore for the July-September quarter.
  • DMart's parent company, Avenue Supermarts, reported an 8.5% rise in net profit to ₹743 crore.
  • The company opened 15 new stores during the quarter, bringing its total store count across India to 518.
  • DMart's expenses rose 18.3% to ₹18,633 crore, while its net profit margin fell from 4.1% to 3.8%.

Source: storyboard18.com

Get 100 stories a day on the app Read, watch & listen · Free on iOS & Android

Newer

Older