DMart shares fall 11% after posting slow profit growth in Q3
Shares of DMart-parent Avenue Supermarts on Monday plunged as much as 11.65%. This comes after the supermarket chain reported a 2.1% rise in its net profit in the quarter ended December, its slowest profit growth in eight quarters. During the quarter, Avenue Supermarts posted a profit of â¹257.11 crore as compared to â¹251.77 crore in the year-ago period.