Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, on Saturday, May 4, reported a 22.5% year-on-year (YoY) growth in its consolidated net profit at ₹563.3 crore for the fourth quarter of the financial year 2024. The same was ₹460 crore in the corresponding quarter of last fiscal. The company's revenue for the quarter jumped 20% YoY to ₹12,727 crore, compared to ₹10,594 crore.
Open FlipOTTAWA: Greater Toronto area home sales fell in April for a third straight month and prices crept up, as over two-decade high interest rates kept the lid on housing market recovery in Canada's main metropolitan region, data showed on Thursday. Seasonally adjusted sales declined 3.4% in April from the previous month after falling 2.4% in March, according to Toronto Regional Real Estate.
Open FlipHDFC Capital, a subsidiary of HDFC Bank Ltd and the real estate private equity arm of HDFC Group, has exited from a Total Environment project in Bangalore with a return of close to Rs 300 crore. HDFC Capital had invested Rs 229 crore in a residential apartment project located in Whitefield, Bangalore. The Investment was against development of 1mn sf of residential apartments in the project named.
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