D-Mart Q2 net surges twofold to ₹418 crore
The Hindu
The company had posted a net profit of ₹198.53 crore in the July-September quarter a year earlier
Avenue Supermarts Limited, which owns and operates the retail chain D-Mart, on Saturday reported a twofold increase in consolidated net profit to ₹417.76 crore for the second quarter ended September.
The company had posted a net profit of ₹198.53 crore in the July-September quarter a year earlier, Avenue Supermarts said in a filing. Revenue from operations rose 46.8% to ₹7,788.94 crore during the quarter under review.
“Total revenue for H1FY22 stood at ₹12,972 crore, as compared with ₹9,189 crore in the same period last year,” it said.
According to BACL, the biophilic-inspired business park will offer smart workspaces within a vibrant public realm. The project’s most exceptional and breathtaking attribute lies in the Urban Forest, a lush oasis in the centre of the development. This green space will serve as a focal point, seamlessly blending indoor and outdoor spaces throughout the area. The upcoming metro station in Airport City will provide seamless connectivity to the business park from the northern side, ensuring convenient accessibility.