D Mart- driver Avenue Supermarts on October 3 reported a standalone profit from operations of Rs,385 crore in the quarter ended September 30, 2022, which marks a jump of35.8 percent as compared to the time- ago period.

The standalone profit in Q2 FY23 has nearly doubled as compared to thepre-pandemic period of Q2 FY20, when it was reported to be Rs crore.In Q2 FY21 and Q2 FY22, the company had reported a standalone profit of Rs crore and Rs crore, independently.

The total number of D- Mart stores as of September 30, 2022 stood at 302, Avenue Supermarts informed the stock exchanges in a nonsupervisory form.While the company has participated its business update for the alternate quarter, the financials affect for the July- September period is yet to be released.

In the first quarter, Avenue Supermarts’ standalone profit jumped to Rs 680 crore, over from Rs 115 crore in corresponding period last financial. successionally, the profit had went up by nearly 46 percent.

Standalone profit from operations during the June 2022 quarter grew 95 percent time- on- time to Rs,807 crore during the quarter ended June 2022. On a successional base, the profit growth stood at 14 percent.
On October 3, Avenue Supermarts’ shares closed at Rs,425 all at the BSE, which was0.77 percent advanced as compared to the former day’s close