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DMart profit falls 9% in Q2
Financial Express Mumbai
|October 15, 2023
AVENUE SUPERMARTS, WHICH runs DMart stores, posted a 9% decline in its consolidated net profit at ₹623 crore in the second quarter of the current financial year, as higher margin merchandise contributed lesser to its margins
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It posted a net profit of ₹686 crore in the corresponding quarter of last year. PAT margin stood at 4.9% in Q2FY24 as compared to 6.4% in Q2FY23.
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