Tag: D-Mart

D-Mart operator Q3 beats estimates, profit grows 53% to Rs 394.3 crore

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The company’s stock rallied 39 percent in last six months. Avenue Supermarts, the operator of hypermarkets retail chain D-Mart, showed a healthy 53.3 percent growth in Q3 FY20 profit on January 11, which was ahead of analyst estimates. The growth was driven by lower tax cost, and higher revenue and operating income.Standalone profit during the…