Avenue Supermarts reported a consolidated net profit of Rs 623.35 crore in Q2 FY24, down 9.09 percent Year-on-Year (YoY). The company’s revenue was up 18.66 percent YoY at Rs 12,624.37 crore in the same period
Arora minced no words when he expressed that he does not like Tata Motors. His reason: heavy capex in a business that does not guarantee a better margin or profitability.
“I am sure that as the global volatility settles down, whether it is in three months, two months or six months, nobody knows, India will again stand out and do very well because there is no other market in the globe which can offer India s profile at this point in time.”