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DMart reports Q1 FY26 profit up 2%, revenue rises 16%, but shares drop 2.4% amid cost pressures.
DMart, an Indian retail chain, saw a 2% increase in net profit to Rs 830 crore and a 16% rise in revenue to Rs 15,932 crore in Q1 FY26.
Despite opening 9 new stores, bringing the total to 424, the company faced margin pressures due to higher costs and a competitive market.
Shares of Avenue Supermarts fell 2.40% to Rs 4,068.
Analysts at Nuvama and Motilal Oswal have maintained a Hold and Buy rating, respectively, adjusting their estimates for rising costs.
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DMart informa que la ganancia del primer trimestre del año fiscal 26 aumentó un 2%, los ingresos aumentaron un 16%, pero las acciones cayeron un 2,4% en medio de presiones de costos.