D-Mart Q3 profit up 6.7% at Rs 589.64 crore, sales up 25.5%

Last Update: January 14, 2023, 16:15 IST

The total expenses of Avenue Supermarts increased by 27.02 per cent to Rs 10,788.86 crore in the third quarter of FY 2022-23.

D-Mart’s operating revenue grew by 25.5% to Rs 11,569.05 crore during the December 2022 quarter

Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, on Saturday reported a 6.71 per cent rise in its consolidated net profit at Rs 589.64 crore for the third quarter ended December 31, 2022. . The company had registered a net profit. 552.53 crore in the October-December quarter from a year ago, said Avenue Supermarts in a BSE filing.

Its revenue from operations grew by 25.50 per cent to Rs 11,569.05 crore during the quarter under review, as against Rs 9,217.76 crore in the corresponding quarter of the previous fiscal.

The total expenses of Avenue Supermarts increased by 27.02 per cent to Rs 10,788.86 crore in the third quarter of FY 2022-23 from Rs 8,493.55 crore in the corresponding quarter of the previous financial year.

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