Avenue Supermarts Q4 net profit rises 22.5%

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Avenue Supermarts Q4 net profit rises 22.5%

(20 second reading) Avenue Supermarts, the operator of retail chain DMart reported consolidated net profit at Rs 563 crore for the Q4, registering a growth of 22.5 % from Rs 460 crore in the Q4 of the previous financial year.
The company reported total revenue at Rs 12,726.6 crore, rising 20 percent from Rs 10,594 crore in the year-ago quarter,
The company has 284 stores that are two years or older. DMart opened 41 new stores during the year and our total store count stands at 365. Its E-Commerce business commenced operations in Gurugram during the year. It is now present across 23 cities in India.

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MRPL Q4 net profit slumps 40% »

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