Avenue Supermarts Shares Fall 5% as DMart Q1 Update Disappoints Brokerages
DMart operator posted 15% Q1 revenue growth to Rs 18,343.49 crore but added just three stores, taking its total to 503. Brokerages including Citi, Morgan Stanley and Macquarie flagged slowing growth and rising quick-commerce competition, sending shares down ~5% to Rs 4,014.90 on the NSE.
DMart operator Avenue Supermarts shares fell ~5% after a disappointing Q1 business update showing slower 15% revenue growth and only three new stores. Brokerages flagged weak growth and quick-commerce competition risks.
Why this matters
The decline extends recent pressure on DMart after its Q1FY27 update showed 15% revenue growth but softening per-store sales, with the store count reaching 503 amid brokerage caution.
Retail-company signals are accelerating, up +527100% QoQ.