D-Mart parent posts 47.5% rise in net profit to â¹174.8 crore
Avenue Supermarts, the parent company of retail chain D-Mart, reported a 47.5% rise in net profit for the quarter ended June 30. The Radhakishan Damani-promoted firm's net profit rose to â¹174.8 crore, while its revenue increased by 36%. Earlier this year, the firm's highly successful IPO made Radhakishan Damani a part of the country's richest 20 club.