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Avenue Supermarts reports 18% rise in Q2 net profit

Avenue Supermarts has reported results for second quarter ended September 30, 2018.

The company has reported 18.16% rise in its net profit at Rs 225.74 crore for the quarter under review as compared to Rs 191.04 crore for the same quarter in the previous year. Total income of the company increased by 38.50% at Rs 4,886.38 crore for Q2FY19 as compared Rs 3,528.13 crore for the corresponding quarter previous year.

Avenue Supermarts is a Mumbai-based company, which owns and operates DMart stores. D-Mart is an emerging national supermarket chain that offers customers a range of home and personal products under one roof.

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