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.

Scaling Artificial Intelligence(AI) at the speed at which consultants project is not possible by the laws of physics and may not be environmentally sustainable, said Tanvir Khan, who is the Executive Vice President and Chief Operating Officer of NTT DATA North America, part of the Japanese technology services and data centre company NTT Data, in an interview with The Hindu.












