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India’s DMart reports higher Q4 profits due to robust demand

Avenue Supermarts, the company behind India’s popular DMart retail chain, saw a significant uptick in fourth-quarter profit, driven by a surge in foot traffic at its stores offering groceries and apparel at competitive prices. The retailer, renowned for its attractive discounts across various product categories, reported a consolidated net profit of 5.63 billion rupees ($67.5 […]