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DMart retail chain operator, Avenue Supermarts, saw a 4% increase in net profit and 15.5% rise in revenue in Q2. The company added 8 new stores, totaling 432. However, like-for-like growth declined by 30 basis points and Ebitda margins shrank due to higher expenses. To combat competition, the company plans to focus on store expansion. Analysts have varying views on the company’s future.