DMart falls 4% despite 15% revenue growth as store additions slow and per-store sales dip
Avenue Supermarts posted Q1 revenue of Rs 18,343.5 crore, up 15.1%, but the print missed expectations. Store expansion slowed to just three new outlets, taking the total to 503, while revenue per store fell ~4% to Rs 146 crore. Motilal Oswal maintains 'Buy'. The board meets July 11 to weigh debt fundraising.
DMart shares fell over 4% despite 15.1% Q1 revenue growth, as numbers missed expectations and store additions slowed to just three. Motilal Oswal maintains 'Buy'. Board meets July 11 on debt fundraising.
Why this matters
The 15.1% revenue climb to Rs 18,343 crore repeats the Q1 sales miss narrative, with slowed store adds and quick-commerce pressure fueling mixed broker views ahead of the July 11 board meet on debt fundraise.
Retail-company signals accelerating at +524800% QoQ.