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DMart watchful of covid surge; reports 18% jump in revenue

India covid-19 2020
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DMart chain of retail stores, said its standalone revenue from operations rose 18% year-on-year to Rs7,303.13 crore in the March quarter.In an update to the exchanges on Monday, the company, that runs 234 stores in India, said its business has been impacted due to localised restrictions imposed in several cities due to a fresh surge in covid cases in March.

The retailer is yet to report its March quarter earnings.Its stores, that are older than two years, reported a growth of 6% year-on-year during January-February. “These stores saw a negative growth of 9.4% for the first 15 days of March 2021 as compared to first 15 days of March 2020.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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