Key Points
BENGALURU (Reuters) Indias Avenue Supermarts, the operator of the DMart retail store chain, posted a 17.5% rise in first-quarter net profit on Saturday...
It reported a consolidated net profit of 7.74 billion Indian rupees ($92.68 million) for the three months ended June 30 versus 6.59 billion a year earlier...
Its revenue grew 18.5% to 140.69 billion rupees...
It competes with Reliance Industries retail unit, e-commerce companies such as Amazon and many mom-and-pop stores across India...
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