DMart halves online footprint, exits 13 cities as quick commerce squeezes e-grocery play
DMart Ready now operates in 11 cities, down from 24, after exiting 7 markets in Q1. The retailer is retreating to profitable large metros as e-commerce losses widen to Rs 247.37 cr in FY25 from Rs 184.82 cr a year earlier, even as revenue climbs 21% to Rs 3,502.42 cr amid Blinkit, Zepto and Instamart pressure.
DMart halved its online grocery footprint, DMart Ready now in 11 cities from 24, exiting marginal markets amid quick commerce pressure. It refocuses on profitable large metros as e-commerce losses widen despite revenue growth.