DMart Q1 Results: Revenue Hit, Profit Dives Amid Covid-19 Restrictions

A pedestrian walks past a DMart supermarket operated by Avenue Supermarts Ltd. in Thane, Maharashtra, India. (Photographer: Dhiraj Singh/Bloomberg)  

Avenue Supermarkets Ltd., which runs hypermarket chain DMart, reported an over 30% decline in revenue, hurt by the Covid-19 pandemic and consequent lockdown.Consolidated revenue declined 33.2% year…


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