Avenue Supermarts on Saturday reported a consolidated net profit of Rs 623.35 crore for the quarter ended September 30, 2023, which was down by over 9% from Rs 685.71 crore reported by the company in the corresponding period of the previous financial year. The company which operates DMart reported a consolidated revenue from operations at Rs 12,624 crore which was up by 18.66% from Rs 10,638.33 reported by the company in Q2FY23.
ETMarkets Smart Talk: InCred Money’s CEO Vijay Kuppa explores the role of bonds, gold, and debt funds in modern portfolios
For conservative investors, or those nearing retirement, a higher bond allocation—around 50-60%—might be necessary to preserve capital. Younger investors or those with a higher risk