Village Super Market: Rises after profit doubles

Village Super Market

04/03/2021 19:23

** Shares of supermarket chain  VLGEA.O  rise 3.7% to a near
five-month high of $24.76
    ** Q2 net income more than doubles from a year earlier,
boosted by strong demand for groceries and as customers bought
more per shopping trip
    ** Digital sales nearly double; overall sales jump 19.5%
 urn:newsml:reuters.com:*:nGNXF8NM6
    ** Shares up ~12% this year, after declining 5% in 2020

 (Reporting by Praveen Paramasivam in Bengaluru)
 ((Praveen.Paramasivam@thomsonreuters.com))