Avenue Supermarts Q1 result: Net profit up six times to Rs 680 crore

[ad_1] New Delhi: Avenue Supermarts Standalone registers year-on-year growth of 490.30 per cent on Saturday Net Profit It stood at Rs 680 crore in the June quarter, as against Rs 115 crore in the same quarter last year. one in Business Update, dmart It said earlier this week that its standalone revenue grew nearly two-fold to Rs 9,806.89 crore in the June quarter from Rs 5,031.75 crore in the year-ago quarter. Analysts Were already expecting a manifold increase in the profit of the retailer on a low basis. The Ebitda…