D-Mart parent's profit up 65% to â¹191cr in September quarter
Avenue Supermarts, the parent company of retail chain D-Mart, posted 65.2% year-on-year increase in net profit to â¹191 crore for the September quarter. The company's revenue increased 26.6% to â¹3,529.4 crore in the same period. D-Mart's margins benefitted from the implementation of the Goods and Services Tax, Avenue Supermarts' CEO and Managing Director Neville Noronha said.