Avenue Supermarts shares in focus after Q1 update; revenue rises 15.1% to Rs 18,343 crore

Avenue Supermarts, operator of DMart, saw its standalone revenue climb slightly over 15% to Rs 18,343.5 crore in the June quarter, adding three new stores to reach a total of 503. The company is also planning to raise funds through debt securities. Earlier, for the March quarter, net profit rose 19% to Rs 656.6 crore, with revenue up 19% and EBITDA surging 26.7%.

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