India, June 11 -- Dollarama Inc. (DOL.TO), a Canadian retail store chain, on Wednesday reported a rise in net profit for the first quarter, helped by improved revenue, driven by strong demand.
For the three-month period to May 4, the company registered a net income of $ 273.756 million, or $0.98 per share, higher than $215.843 million, or $0.77 per share, in the same period last year. Earnings before income taxes stood at $355.172 million as against the prior year's $285.515 million.
Operating income was $388.784 million, up from $322.038 million a year ago.
Sales improved to $1.521 billion from $1.405 billion in 2024. This increase was driven by a growth in the total number of stores over the past 12 months to 1,638 from 1,569 and compa...