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Radhakishan Damani, since the unreal surge of DMart’s share prices during the initial Coronavirus-imposed lockdown, has been at the centre of financial news. Moving up the list of richest Indian billionaires and even dethroning them briefly to take the top spot, Damani has witnessed an exponential growth over the past few years. This growth also meant that Damani was also listed as the 8th richest Indian billionaire on the Hurun India Rich List 2021, with a net worth of Rs 1 lakh crore ($14.5 billion). According to Financial Express, Avenue Supermarts, the mother company of DMart, reported a massive 16.2 percent year-on-year unaudited net profit jump to Rs 446.95 crore for the third quarter of FY 20-21. The total consolidated income for the company also saw a rise of 11.3 percent from Rs 6,815 crore to Rs 7,587.32 crore.

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