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Radhakishan Damani

D-Mart’s Q3 net profit up 17% at Rs 690 crore

Its revenue from operations grew 17.31 per cent to Rs 13,572.47 crore during the quarter under review against Rs 11,569.05 crore in the corresponding quarter of the last fiscalNew Delhi: Avenue Supermarts Ltd, which owns and operates retail chain D-Mart,...

DMart buys space in Migsun’s upcoming mall in Rohini 

The retailer has acquired the project’s lower ground and first floors to set up a hypermarket storeNew Delhi: Supermarket chain DMart by Avenue Supermarts has bought a 47,000 sq. ft. space in Migsun’s upcoming mall in Rohini, Delhi for Rs...

DMart’s Q3 standalone revenue rises 17.2% to Rs 13,247 crore

The company had revenue from operations of Rs 11,304.58 crore in the October-December quarter a year agoNew Delhi: Avenue Supermarts Ltd, which owns and operates retail chain DMart, on Tuesday reported a 17.18% increase in its standalone revenue from...

The legend of Radhakrishna Damani: The creator of DMart

Today, Damani's brainchild DMart is a nationwide network of over 200 storesBengaluru: Nearly two decades and a year have passed since Radhakishan Damani, India's retail magnate, established DMart, a venture that propelled his wealth to ₹1,39,053 crores.With a pre-existing...

DMart’s Q4 net profit rises 7.8% to Rs 460 crore

DMart's revenue from operations was 20.57% higher at Rs 10,594.11 crore during the quarter under review as against Rs 8,786.45 crore in the corresponding quarter last fiscalNew Delhi: Avenue Supermarts Ltd, which owns and operates the retail chain DMart,...

Radhakishan Damani sells stake in Tata Group's Trent

Promoter of Avenue Supermarts, Radhakishan Damani, and persons acting in concert (PACs), have trimmed their stake in Tata Group's retail arm Trent by selling over 28.22 lakh shares in the open market for an estimated sum of over Rs...

Amid e-tail battle, D-Mart turns 2 stores into fulfilment centres

As the e-commerce battle intensifies in India, with Reliance Retail's JioMart being the latest major entrant with a massive potential to disrupt the space, Radhakishan Damani-led D-Mart also is giving a major emphasis on the online segment. DMart has shut...

Radhakishan Damani contributes Rs 100 cr to PM CARES Fund

Promoter of Avenue Supermarts, Radhakishan Damani has contributed Rs 100 crore to the PM-CARES Fund for the fight against the coronavirus pandemic. He also contributed Rs 55 crore to several state relief funds. Damani has made the contribution through his...

Patanjali's Balkrishna, D-Mart's Damani in Hurun India Rich List 2017

Acharya Balkrishna, the head of yoga expert Baba Ramdev-run FMCG company Patanjali and Radhakishan Damani of D-Mart have found their place along with Mukesh Ambani's in the Hurun India Rich List 2017. A massive rally in the stock market and...

Avenue Supermarts post 47.6 pc jump in Q1 net profit

Avenue Supermarts, which runs the D-Mart supermarkets chain, has posted a 47.6 per cent jump in its net profit at Rs 174.77 crore for the quarter ended June 30. According to a PTI report: The company had reported a net...
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Killer Jeans maker KKCL to invest Rs 35 cr in FY25 on capacity expansion, new stores

KKCL had cash of Rs 390 crore in its books and is paying the Rs 166 crore for the...
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