![DMart shares drop 4% as Q2 profit falls](https://images.assettype.com/fortuneindia%2F2023-07%2Fd0aac227-5e1b-41b0-9431-d493b75fe279%2FDMart.jpg?rect=0,45,800,400&w=300&q=95)
DMart shares drop 4% as Q2 profit falls
Net profit of Avenue Supermarts fell 9% year-on-year to ₹623 crore in the second quarter.
Net profit of Avenue Supermarts fell 9% year-on-year to ₹623 crore in the second quarter.
The Radhakishan Damani-owned retailer's net profit rose by 8% year-on-year to ₹460.1 crore for the quarter ended March.
The Radhakishan Damani-led value retailer reported revenue of ₹11,569 crore for the quarter ended December.