16-10-2023 10:15 AM | Source: Reuters
India`s Avenue Supermarts shares slip on Q2 profit drop
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Shares of Avenue Supermarts, which operates the DMart chain of retail stores, were down 3.6% on Monday after the company posted a drop in second quarter profit.
The retailer's standalone profit after tax fell nearly 10% to 6.59 billion rupees ($79.2 million) for the July-September quarter from a year earlier, it said in an exchange filing on Saturday.
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