DMart's gross margin remained largely flat YoY at 14.2% however, Ebitdam contracted 28bps YoY to 7.6% (in-line). (Photo Source: Company website) DMart continues to navigate a challenging competitive landscape (courtesy quick commerce players). Store addition pace and margin improvement will be the key monitorables.

To continue reading this story You must be an existing Premium User Already a Premium User? Sign In

See Full Page