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D-Mart’s Q2 revenue up 46.6% at Rs 7,649.64 crore

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The retail chain D-Mart which is owned and operated by Avenue Supermarts Ltd. has saw a spike of 46.6% increase in its standalone revenue from operation at Rs. 7,649.64 crore for the second quarter ended September 2021.

The company gathered a revenue of Rs 5,2178.15 crore in the July-September quarter a year ago, Avenue Supermarts informed the BSE in a regulatory filing. “Standalone revenue from operations for the quarter ended (QE) September 30, 2021 stood at Rs 7,649.64 crore,” said Avenue Supermarts in a regulatory filing on Saturday.

Its total number of stores as of September 30, 2021 stood at 246. In the pre-pandemic July-September quarter of FY 2019-20, it had a revenue of Rs 5,949.01 crore. Promoted by Radhakishan Damani and his family, DMart retails basic home and personal products across markets which include – Maharashtra, Gujarat, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, Chhattisgarh, NCR, Tamil Nadu, Punjab and Rajasthan.

(PTI)

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