DMart profit flat at Rs 773 cr, misses analyst estimates

DMart, the retail chain operated by Avenue Supermarts, recorded a flat net profit of Rs 773 crore for Q1FY26 due to competition and margin pressures. While revenue rose by 16.3% to Rs 16,360 crore, the company faced challenges from quick commerce players. Ebitda was up 6.4% to Rs 1,299 crore, but margins slipped to 7.9%. […]