enue Supermarts, driver of DMart chain of retail stores, has reported consolidated profit after duty of Rs417.76 crore for the quarter ended September 2021, adding by110.4 percent from Rs198.55 crore in September 2020 quarter.
Consolidated profit came in advanced by46.8 percent at Rs crore for the quarter, compared to Rs crore in September 2020 quarter, with the easing Covid-19 affiliated lockdown restrictions.
” Profit in the DMart stores grew by46.6 percent over the matching quarter of last time. Two times and aged DMart stores grew by23.7 percent in the month of September 2021 as compared to September 2020.
We’ve 187 stores that are 2 times or aged,” said Neville Noronha, CEO & Managing Director at Avenue Supermarts.
The stock closed at Rs per share on 14th October, upRs.206.6 (4.04) on the reverse of better results prospects. It has generated 169 returns over the once one time, close to 60 over the once 3 months and33.77 over the history 1 month.
