DMart Q2 Results: Net Profit Falls 9% To Rs 623.35 Crore, Sales Increase 18.6% But Fall Short Of Expectations

Avenue Supermarts, which owns the retail brand DMart, declared a consolidated net profit of Rs 623.35 crore

DMart is a hypermarket chain. Radhakishan Damani, who also formed the investment business DMart, launched it in 2002.

The total net profit of the firm declined 5.36 percent from Rs 658.71 crore in the preceding quarter.