New Delhi: Avenue Supermarts, the parent of D-Mart, reported has reported a 47.45 percent jump in standalone net profit at Rs 96.66 crore for the fourth quarter ended March 31, 2017.


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The company had reported net profit of Rs 65.55 crore in the corresponding quarter a year ago.


Its total income in the quarter under review stood at Rs 3,120.49 crore, up 40.58 percent, as against Rs 2,219.67 crore in the year-ago quarter, Avenue Supermarts said in a BSE filing.


Avenue Supermarts listed on the stock exchanges with a blockbuster listing in March this year, making Radhakishan Damani -- the founder of the company and a low-profile investor -- a part of India's richest 20 club.


At present, the company operates 131 stores in Maharashtra, Gujarat, Andhra Pradesh, Karnataka, Telangana, Tamil Nadu, Madhya Pradesh, Rajasthan, NCR and Chhattisgarh.