DMart Q1 revenue climbs 15.1% to Rs 18,343 crore; store count hits 503
Avenue Supermarts reported Q1 revenue of Rs 18,343.49 crore, up 15.1% YoY, operating from 503 stores. The roundup also flagged Marico's double-digit India volume growth, PC Jeweller's 21% revenue rise with debt down 24%, and LG India winning relief on a Rs 116.72 crore GST demand.
Stocks-in-news roundup: DMart Q1 revenue up 15.1% to Rs 18,343 crore with 503 stores; LG India wins GST relief on Rs 116.72 crore demand; Marico posts double-digit India volume growth; PC Jeweller revenue up 21% with lower debt.
Why this matters
DMart's 15.1% revenue growth and expansion to 503 stores signals continued scaling in India's value-retail segment, alongside gains at Marico and PC Jeweller.
Retail-company signals accelerating, up 518900% QoQ.