Business World

      D-Mart Highlights : D-Mart, stores recover 80% of pre Covid sales The company had also started home deliveries for its stores  Avenue Supermarket reported an 87.59% decline in its consolidated net profit A venue Supermarket Ltd, which owns and operates retail chain D-Mart , on Saturday said that it has recovered 80% of its business in the stores, wherever it has been allowed to operate unhindered. The company had started home deliveries after getting order through its D-Mart Reddy App for its stores, but discontinued it once the stringent lockdowns were withdrawn and stores were allowed to open for business. Avenue Supermarket reported an 87.59% decline in its consolidated net profit at ₹ 40.08 crore for the first quarter ended June, 2020 impacted by Covid-19. About D-Mart :  Avenue Supermarket Ltd, doing business as D-Mart, is an Indian chain of hypermarkets in India, founded by Radhakrishnan Damani in the year 2002.  As of 31 December, 2019 it had ...